Company Number.. Chartty number.. 4157379 1086179 (England) SC042906 {Scotlandl Alpha International (A charitable company limited by guarantee> Trustees. report and Financial statements For the year ended 31 December 2021 Alpha International Contents Page Trustees. report 1-10 Indepondgnt Auditor's roport 11-14 Statement of financial activities 15 Balance sheet 16 Cashflow statement 17 Notes to the financial statements 18-31 LEThER FROM THE CHAIR Over the last 30 years, 25 million people have done Alpha and we continue to hear many wonderful stories of lives transformed. Wlh Alpha now available to run online, we have been able to reach more people than ever before with the good news of Jesus- and we have been amazed to see just how well il works. The Alpha Film Series has played a vital role in getting the message of Jesus out lo the nations and we are excited lo see what God will do as we continue to develop our resources in response to all that is happening around the world. In 2021, we made it a priority to update our digital content. Our hope is that Apha will be as accessible as possible for different cultural contexts and we are delighted to have a number of translation projects underway. In January, we launched the updated version of the Bible in One Year App, bringing the number of followers of the BIOY to over 1.5 Million from over 100 countries. We also launched AlphaNow- a cuslom-buill video conference platform for churches around the world to use free of charge lo run Alpha Online. It is hugely encouraging to see the emerging generation engage with Alpha in a new way through all that is happening online and amazing lo think of the impact these young leaders will have around the world. It has been an extraordinary year and we hope you are encouraged and inspired by what you read in this Annual Review. We are thankful for all that God has done through the work of Apha and look forward lo all that is lo come as we continue lo develop new ways lo reach those who don't yet know Jesus. The Great Commission (Matthew 28..191 encourages us 'to go and make disciples of all nations, and Pippa and l are excited lo be dedicating the next season of our ministry to supporting the work of Alpha around the world. We cannot thank you enough for your prayers and support- which help lo make all this possible. th very best wishes, Nicky Gumbel Chairman of Alpha International Alpha International (A charitable company limited by guarantee) Trustees, report for the year ended 31 December 2021 The Trustees, who are also directors of Alpha International I'AI'I, are pleased to submit their annual report and audited financial statements for the year ended 31 December 2021. The Trustees have adopted the provisions of the Statement of Recommended Practice "Accounting and Reporting by Charities. Charities SORP IFRS 1021, the Companies Act 2006 and applicable UK accounting standards in preparing the annual report and financial statements of the charity. Reference and admlnlstratlve Informatlon Full name of charit Directorsffrustees Al ha International The Revd Nicky Gumbel Miss Tricia Neill Mr Bernard Mensah The Right Revd Sandy Millar Mr John Mackay Mr Chris Sadler Dalo Hong Yeoh Mrs Rebecca Stewart The Revd Al Gordon Mr Michael Timmis Daluk Kathleen Chew Mr David Gardner Mr Bobby Gruenewald MrAndre Eze oinled on 26 Ma 2021 MrJon Shi en 4157379 1086179 (England) SC042906 Scotland Hol Trinil Brom lon Brom ton Road London SW7 1JA National Westminster Bank. 186 Brom lon Road Kni htsbrid e SW3 1 HL Moore Kingston Smith LLP, Devonshire House 60 Goswell Road London, EC1M 7AD Secreta Com an number Charity number istgred office and address Bankers Auditors STRUCTURE, GOVERNANCE AND MANAGEMENT Alpha International is governed by ils Memorandum and Articles of Association and is constituted as a company limited by guarantee Inumber 41573791 and a registered charity Inumber 1086179 (Englandl., SC042906 Iscoilandll. There are six members of Alpha International who appoint new Iruslees on the recommendation of the existing trustees. New Iruslees are provided with guidance explaining their role and responsibilities as Iruslees of the charity. All new Iruslees are fully briefed on the worldwide activities and vision of Alpha International and they pursue the Independent interests of the charity nO￿lthStandIng their separate responsibilrties in other organisalions. Alpha's vision is the reevangelisation of the nations, the revilalisation of the church and the transformation of society. The mission is to equip and serve the church in its mission to help people discover and develop a relationship with Jesus. Alpha International operates within a Federated Partnership. Over 45 countries have locally staffed offices called National Alpha Offices INAOS). They work closely with their regional teams and the global te8m lo grow Alpha in their conlexl, train leaders, support hub churches and translate resourTrs. The Board meets formally four times per year lo discuss and approve major strategic mallers, including the annual budget. There are also two Board sub-committees.. a Finance and Risk sub-commillee, which meets foLJr times per year in advance of each Board meeting, and a Global Remuneration sub-committee (Global Al Remcol, which meets twi per year. There is regular contact and consultation with trustees outside of board meetings on matters arising. The joint arrangement with Alpha Canada, which commenced in 2003, continues to enable the parties lo conduct activities effectively by pooling resources. The joint committee supervises, directs and manages this arrangement. The incoming resources provided by Alpha Canada for the year ended 31st December 2021 were £567,281 12020, £408,740). Note 19 to the financial statements details this and other related party transactions. Alpha International (A charitable company limited by guarantee) Trustees, report for the year ended 31 December 2021 Alpha International was created to carry on the charitable work that Holy Trinity Bromplon IHTBI, an Anglican Church in London, had commenced beyond its own parish boundaries. The rooting of Alpha within a church community is integral to the values of Alpha, which is always intended lo be 'by the church, for the church and through the church,. HTB and Alpha International operate a shared services model for some of the support and back office functions, which is fully detsiled in the accounting policies INole 11. Further detsils relating to transactions with HTB and other related parties are shown in Note 19 to the financial statements. In shaping our objectives for the year and planning our activities, the trustees have considered the Charity Commission's guidance on public benefi't, including the guidan￿ 'public benefit.. running a charity {PB21'. The trustees believe that Alpha provides a benefit lo the public by.. Providing an opportunity for every member of society to explore the big questions of life and the Christian faith free of charge in a wide variety ofgeographic locations in the UK and overseas in churches, prisons, workplaces, universities, homes, and other local venues. Building a better society by providing courses for the strengthening of marriages Helping people develop in their understanding and knowledge of the Christian scriptures and grow in their personal faith through the Bible in One Year IBIOYI daily Commentary The trustees are committed to maintaining the highest legal and ethical standards in the way the charity undertakes ils fundraising activities. All fundraising is conducted by staff employed by the charity and Alpha does not use any external fundraisers or commercial participators. Al is registered with the UK Fundraising Regulator and committed to abide by the Code of Fundraising Practice and to the Fundraising Promise. Alpha International tskes precautions in our fundraising to ensure the protection of the public, including vulnerable persons from unreasonably intrusive or persistent fundraising approaches, and undue pressure lo donate. Our fundraising team take seriously any expression of dissatisfaction we receive regarding our fundraising practice and aim lo resolve any complaints as quickly as possible. Our policy is lo escalate the issue internally to the Alpha International Chief Executive Officer. If the complaint cannot be resolved, il will be further escalated lo the Chair of the board of Iruslees, who will nominate an independent trustee lo consider the merits of the complaint and any resulting actions. If necessary, we will contact the Charity Commission for advice and guidance. In addition, Alpha International has a Gift Acceptance Policy lo protect the charity against bribery, money laundering and corruption, and association of the charity lo unfavourable sources of funds. During the 2021 fiscal year, there were no fundraising complaints. Alpha International is committed to ensuring the careful use of data in line with General Data Protection Regulations IGDPRI and monitors the use of dats, particularly regarding donor data for fundraising purposes. Our Privacy Policy covers how we use this data and gives donors the option to opt OLJt of any contact or make a formal complaint. As a global organisation we monitor the relationships we have with donors across the world and seek to maintain a consistent standard of stewardship based on the gLJidanTr of the Code of Charity Commission and Fundraising Regulator Practice and the Fundraising Promise. Objectives and Activities Alpha International's activities include the Alpha course, The Marriage Course ITMCI and The Pr&Marriage Course ITPMCI, Leadership Conference ILCI and the Bible in One Year IBIOYI. Internationally, the approach of Apha and other related ministries includes". Serving and equipping seven regions and the NAO5 they represent as they serve and equip churches to run Alpha Training and equipping a ne￿Ork of thousands of volunteers worldwide who run Alpha in existing locations and help establish Alpha in new locations Supporting our regions and the network of NAOS throughout the world, bringing the global teams together for the Leadership Conference and similar key training events Creating, dislribuling, and Iranslaling core Alpha materials, which allows Alpha to be run lo the highest standard with minimal effort,. this releases local church leaders to focus on their guests Offering churches promotional tools and resources lo mobilise their congregation to invite guests lo Alpha Developing and maintsining AlphaNow, Alpha's new video conferencing plafform, tailor-made for running Alpha courses online Fostering expertise in ministry areas where Alpha is most effective when suitably tailored, creating resources and training practitioners., this includes Alpha for Youth and Alpha in the Catholic context Alpha International (A charitable company limited by guarantee) Trustees, report for the year ended 31 December 2021 Supporting other ministries In pursuit of the vision and training leaders, promoting those courses, creating resources and supporting a network of experienced advisors for those ministries,. examples include The Marriage Courses and the Bible in One Year Remuneration Policy At Alpha International we place great value on our highly talented, dedicated and passionate staff team, without whom we could not deliver against our vision, mission and goals. Our remuneotion policy is aimed at ensuring that pay is competitive within our sector, rewards staff faidy and enables the staff team to feel valued. Our principle is to reward staff, irrespective of seniority, informed by the following". Fairness., without discrimination and with an Intention of crossentity parity Differentiation,. to reflect a combination of what is achieved and the way in which it is achieved Compliance., lo all local legal and regulatory requirements Affordability., with good stewardship In line with at least the London Living Wage for London-based staff and the Real Living Wage for UK regionally based staff. This year, Alpha International estsblished a global Al Remuneration Su￿0mmittee (Global Al Remcol. Ils purpose is lo provide oversight of Al's remuneration policy as il pertains lo Al employees with the aim of ensuring that these employees are rewarded fairly and consislenlly - and in alignment, where we can, with HTB Group remuneration and benefits for staff in the UK- within the governance and stewardship parameters sel for the organisats"on. STRATEGIC REPORT Achievements and Performance Alpha's achievements in 2021 include.. Further developed and embedded the Church Engagement Framework strategy with National Offices globally Continued to focus on growing Alpha Online in response to the global pandemic, also working to support the Catholic context through challenges to adapt lo running Alpha online Delivered on Digitsl strategy, including the successful launch of AlphaNow, Alpha's new video conferencing platform, lailor-made for running Alphas online Strengthened global governance Appointed a new Global Youth Director to grow Alpha Youth globally and also progressed planning activity for the new Alpha Youth Series IAYS 3.01 Continued the translation process for the new Marriage Courses series globally to add over 40 languages lo make the product available across the globe Continuously improved the recenuy re-launched new Bible in One Year app Progressed activity and planning for the new Alpha Film Series IAFS 2.01 Worked with Alpha Malaysia lo support fully conlexlualised Alpha Film Series products in Asia Created a new docuseries in the UK, called 'ls God Dead?, Reached 32,725 guests from 160 countries al Leadership Conference 2021 Invested significantly into Leadership Development.. Launched a leadership development cohort for 35 global church-facing staff Conducted country Offi￿ reviews for ten offices, focused particularly on building leadership capacity Hired 21 gifted leaders across the world dedicated to building relationships with strategic churches Refreshed the Alpha brand guidelines, including Alpha Youth Supported 50,000 Alpha courses run by 27,500 churches and organisations reaching over 1.2 million participants in 2021 In addition, in June 2021, we launched a strategic planning prO￿$S lo cast a new vision and strategy for the next five years al Alpha. We invited all Alpha staff globally, including regions and National Alpha offi￿ INAOI staff and board members, lo join together in this collective act of listening, lo hear from God and lo hear from each other. We received responses from 150 individuals and teams, representing 200 or more unique voices, from over 40 countries. We look forward to sharing more details in 20221 Alpha International (A charitable company limited by guarantee) Trustees, report for the year ended 31 December 2021 Church Engagement Framework strategy The Church Engagement Framework strategy is the foundation that brings the necessary focus, both internally and externally, as we seek to serve and equip churches in evangelism as they 'explore', 'experience' and 'extend' running effective Alphas. We also want to ensure that more churches run high quality Alpha courses, especially as more are run online, so that Alpha continues to thrive wherever it is run, enabling more people around the world to discover and develop a relationship with Jesus. 2021 was a complex year for the global church as leaders navigated through the pandemic. The monthly call between Global and Regional E Leads ICEF, Explore, Experience and Explore) have been particularly important in sharing innovation, slralegies, learnings and resources globally., especially as we have fell particularly called lo be listening lo the church and its leaders as we seek to serve and equip them. In May, each Regional CEF lead, shared the Top 10 Pain Points that the church was facing in their regions. This was used as we planned our annual online CEF Forum in June, which brings together all our Regional Directors and E Leads, Executive Committee and Global E Leads, to re- inspire the team and help them refine their slralegies. We invited a number of church leaders from around the world lo share what they saw as the greatest opportunity and threat facing the church. Mark Sayers encouraged us that we are uniquely positioned lo be emissaries of hope to the church and lo re-inspire church leaders around evangelisation as they look forward. The Explore strategy has continued lo focus on growing Alpha as a leading voice on evangelisation, communicating Alpha as a culturally relevant resource for this generation. A key moment in 2021 was the online Leadership Conferen which bought together churches leaders and our global community.11 was a truly global moment of unity with live prayer ministry and a call to the church in this unique time in history lo bring hope and show the love of God lo the world. There were over 32,000 regislralions from over 160 countries with translation Into multiple languages. There have continued lo be opportunities for Alpha voices lo speak at numerous online conferences and podcasts. Regional online conferences and webinars have been hosted by our teams in Africa, Latin America, US, Canada, Europe, Middle East and Asia Pacific. As an organisation we felt called lo pray and fast for the ehurch and its leaders, we were joined by 24-7 Prayer movement as we set aside the month of October lo do this. We also hosted 2 online Global Kingdom Come Prayer events which saw over 400 staff and chureh leaders join us to receive prayer ministry and encouragement. The Global and Regional Experience team continue to work lo ensure our training is user friendly and to train churches lo run high quality Alphas. A new short video was created lo help equip churches to run Alpha online well and effectively., this has been shared globally with National Offices to conlexlualise and translate. A key focus for 2021 was rolling out and translating the Post Alpha Strength Assessment survey which gives a church the opportunity to see areas of growth in their Alphas, with recommendations of resources to strengthen their quality. This will continue to be developed as a means lo offer ongoing support to churches and positively impact retention as well as embedding a culture of evangelisalion in the church. The goal for the Extend strategy is to have 500 Hub Churches by the end of 2022. By the end of 2021 we had 378 Hub Churches across the world. A Hub Church is uniquely positioned lo influence other churches, are committed to running Best Practice Alphas and have the vision to help other churches to run Alpha. We hosted three online Alpha Collectives over the year lo provide National Offices with opportunity to invite their strategic churches along hear the vision we have for evangelisation and what il means lo partner with Alpha as a Hub Church,. as well as lo provide them with an opportunity to connect, be encouraged and receive prayer ministry. In February, 222 church leaders joined us for their first online Alpha Collective. the Global Team hosted one and another was hosted by Asia Pacific. In October, our Global Alpha Collective was themed around Hope and we had 310 guests, representing 104 churches, with translation into 8 languages. The joumey through the pandemic has looked different for churches depending on where they are in the world. The CEF strategy has given us the necessary focus as we seek to equip and serve the church in ils mission to help people discover and develop a relationship with Jesus. Over 2021 we have sought to listen to the church, fasted and prayed for church leaders as we have endeavoured to be emissaries of hope as we have come alongside the Church. Global Govemanee In 2021 the Global Governance and Risk team have spent significant time on strengthening our global governance to position us to become a truly global organisation. We consider strong risk management and robust internal control lo Alpha International (A charitable company limited by guarantee) Trustees, report for the year ended 31 December 2021 be critical components of our operations. In the financial year 2021, we have established a Global Risk Management Framework and enacted a process to identify key risks to the organisalion from the local to global level in order to mitigate and minimise risk. We have also launched the Al Finance and Risk Sutrtommittee to assist the Board in fulfilling its oversight responsibilities by reviewing and monitoring Alpha International's finances and risk. Governance is process driven and a matter of continuous improvement. Therefore, in 2022 we will continue to review our poctice lo ensure Al's governance evolves to continue to best support us in delivering our objectives. Global Governance and Risk team will also continue to work closely with each regional and central function team to help move forward in our governance maluralion and to continue lo embed effective and proactive risk management across the organization. Oigital As 2021 brought an ever-increasing reliance on digital platforms and tools lo access and deliver Alpha, we began a new strategic initiative lo provide a scalable and robust infraslruclure foundation. This strategic approach, built upon enterprise technologies, puls security, stability, scalability, and data analytics at the forefront, allowing Alpha to grow and innovate its digital platforms consislenlly and continuously. This will allow us lo beller serve churches al every stage of the Church Engagement Framework and support individuals on Iheirjourney of faith. The Alpha Online Platform soft-launched in September 2021 with a new name.. AlphaNow. We believe this new name reflects the sense of immediacy, urgency, and energy that we associate with Alpha, as well as Ils accessibility and availability. Since September, the focus of our digital efforts has been on the build, lesl, and launch readiness for AlphaNow, and we were excited to release the web and mobile AlphaNow apps in January 2022. We are looking forward to supporting and hearing feedback from individuals and churches as usage of the platform builds In the next few months. Please join us in praying that this will be a powerful tool that will bless many churches and their thousands of guests as they embark on this journey of faith over the coming weeks and months. Looking further ahead, we are exploring how the guest-facing AlphaNow Mobile Apps could be used to deepen guest engagement between Alpha sessions with additional content and experiences while also considering the opportunities and benefits of a mobile-first Alpha experience that would increase accessibility globally and further drive the number of Alpha Courses and participants. Cathollc Context The past couple of years has been difficult for many Catholic parishes, being forced to close their doors and clergy having to learn about technology as well as implement it to keep their parishes meeting together. We didn't see Much growth in the number of parishes running Alpha worldwide, bul we saw some new possibilities for mission. We partnered with Divine Renovation Ministry on offering global and national webinars and online events. We supported Hub Churches running Alpha Online and they in turn supported other parishes lo gel started and run Alpha Online well. The shutting down of parish life has exposed and accelerated trends of decline in the Catholic Church, and the revilalisation of dioceses and parishes is more necessary now than ever. In 2022, we will continue lo develop partnerships with key strategic organisalions, hub churches and dioceses lo share a proactive and clear vision for evangelisalion and lo showcase the potential and impact of running Alpha. We will also support the regions in developing, promoting and distributing new Church and Guest focused Alpha stories, quality training and resources that communicate the impact of Alpha In a Catholic Conlexl, working particularly closely with Alpha UK as they continue lo develop their Exposure campaign. We will continue lo invest in our partnership with Divine Renovation and host 3 global webinars focusing on conversations and practical suggestions on parish renewal and evangelisalion in order lo reach a new audience and increase the number of churches exploring Alpha. Marketing Over the course of 2021, the marketing team Continued to invest in a Culture of collaboration - enabling the sharing of strategies, resources, and insights between regional and national teams around the world. We supported the roll out of key initiatives from our central teams, such as the new online platform AlphaN()w, and supported the promotion of products such as The Bible in One Year and The Marriage Course. We dedicated special focus to Apha Youth, collaborating with an external creative agency to refine our bfftnding and messaging in order to optimise our reach and impact among young people and youth leaders. This project culminated Alpha International (A charitable company limited by guarantee) Trustees, report for the year ended 31 December 2021 in the head-tovtoe rebranding of Alpha Youth - offering more flexibility and relevance lo a key strategic demographic. We also digilised the core Apha branding, making il easily navigable and downloadable online in order to help Alpha staff and third parties around the world engage with and creatively adopt our branding. As part of our mission to support the local church, we created marketing materials to help enable leaders to promote their Alpha courses and to invite potential Alpha guests to explore faith through Alpha. This sel of conlextualizable marketing materials was designed lo increase our reach through the local church, and to increase the impact on those reached through clear communication and engaging presentation. These church resources were freely made available through our online course planning tool, MyAlpha. Our marketing team also expanded our creative services offering with a view lo better establishing a clear, strong identity across our central brand family and global marketing execution. This is an endeavour we will continue over the coming years- looking to achieve creative excellen￿ and cohesion across our central functions and regional teams. The Marriage Courses The timely release of the refilm of The Marriage Course and The Pre-marriage Course in January 2020 has expanded accessibility lo allow thousands of couples lo access the course online and strengthen their marriages amid challenging limes. Thanks to generous donations, the translation process began for over40 languages lo make the product available across the globe. We continue lo focus on product accessibility through improvements to our digital platforms. The Bible in One Year The Bible in One Year app was launched in January 2021 and we spent much of the year adding functionality to keep improving the user experience, particularly for new Christians. In total, there were 493,000 downloads of the app In 2021, in over 100 countries. We worked with translation teams and volunteers around the world to launch four new languages through the app for 2022." German, Bahasa Indonesia, Thai and French, bringing the total to nine languages. We also added four new audio tracks, made podcasts available through all major platfomis for the first time, and launched a new website, now available in all nine languages. We ran a global marketing campaign after Christmas, using digital marketing, radio inletviews and working closely with Alpha and HTB networks and channels. Our 2021 plans through Youversion reached 1,192,128 subscribers and we have launched the Express and Youth editions of BIOY through them for the first time in 2022. Users continue lo get in touch with wonderful feedback." 'These daily scriptures have really enriched me in so many ways and have changed life as a person. My faith in God has grown and the fact that you make the scriptures easy to understand has made itpossible for me to understand and make sense of the word of God., Alpha Youth Alpha Youth has spent the last year listening lo youth leaders, workers and pastors around the globe. This is a leadership posture we will remain in as it has proved lo be fruitful and encouraging. We have created visual content which displays the culture of Alpha Youth. At a lime when so many young people are desiring lo be seen and heard, Alpha Youth provides a safe space for discussion and questions. In response to the insight we received from listening, we have created some new products. The youth team in Alpha Canada have created 'Life on Purpose,, a four part series to energise and envision young people In evangelism. The youth team In Alpha USA are creating content with the Bible Project lo pilot animation. The youth team in Apha Australia are creating 'Alpha Youth Elements,. which is a project lo give churches the scripts for live talks accompanied with elements of the current film series li.e. vox pops, stories and animalionsl. Alpha Youth Series IAYS Working together with the Alpha Global Youth Direelor, we kicked off the next Alpha Youth Series IAYS 3.01 update with listening exercises and interviews with key hub churches, youth leaders and strategic partners. The purpose of the exercises was to gain feedback on the current Alpha Youth Series, particularly insights into the needs of young people across their contexts. Alpha International (A charitable company limited by guarantee) Trustees, report for the year ended 31 December 2021 We focused on updating the AYS youth-facing webpage to provide a landing page for young people engaged via our global social media presence and our global conlenl SLJch as'Gol Questions?, with Trinity Broadcasting Network ITBNI- The page will host the 'fi'nd-a-course' feature and testimonies from young people, as well as feature some of the outstanding work being created by our regional teams. In addition, we updated key aspects of the existing AYS with a fresh and bold style that updates the references and reflects inclusivity through diverse character designs. Alpha Film Series 1.75 & 2.0 A review of the Alpha Film Series in 2019 identified some editorial content that required updating to improve delivery, thereby extending its lifecycle. While the COVID-19 pandemic prevented filming new conlenl, archive footage allowed implementation of these changes. Changes made to the series include.. 14 editorial changes, 11 on-screen questions rephrased and four stock footage clips replaced. The updated version of the film series (known internally as AFS 1.751 has been released lo all National Alpha Offices. The newly appointed AFS Product Manager is working with local teams lo ensure that they have updated their versions of AFS and are distributing the most up-l￿date product. Regions are progressing this with their priority NAOS and languages. The relaxation of lockdown restrictions in the summer of 2020 allowed for completion of the filming of new vox pop Istreet interview) sequences for the English version. These sequences were trialled at HTB during the autumn term and are now being used in the UK version of AFS. Regions have the option to either film their own Vox Pops,. lake the newly filmed sequences,. or a hybrid. Alpha USA and Alpha Kenya lin Swahili) have filmed local vox pops and released their modified versions of AFS, while Sub-saharan Africa lin English) and Latin America lin Spanish) have also filmed local vox pops and are currently working on their modified versions of AFS. We have also identified this as a way of providing ongoing refreshes to the series and look forward to filming more vox pop sequences when restrictions allow. Combined, the editorial changes and vox pop refresh form Alpha Film Series 1.75. We feel these changes will elongate the lifetime of the product until AFS 2.0 has been produced. Running concurrently to the series refresh, was a project to insert discussion breaks into the film series in the same way as the Alpha Youth Series. This new version of the series, internally known as Alpha Film Series 1.75D, also features the updated content from AFS 1.75. Evidence suggests that in some regions churches and groups are choosing to use the Alpha Youth Series when running their adult courses as they prefer lo have the discussion questions incorporated within the series. With this version, our hope is lo redirect churches back to a product which is targeted at their demographic. Alpha Film Series with Discussion Breaks is now complete and has been rolled out lo English speaking territories over the course of 2021. A focus for 2022 is translation of this series into the high-priorily languages. As churches continue to choose which product works better in their conlexl, we will track these numbers quartedy and as well as conduct a deeper dive bi-annually to understand why they may have shifted in order to lesl our original hypothesis. This feedback will be used when making future products leg AFS 2.01. Work started on AFS 2.0 in January 2020, but the arrival of COVID-19 meant that development was pul on pause in March of that year and il was decided that the project would be restarted mid-2021. The consequences of the pandemic could impact the narrative and creative presentation of a new film series,. therefore, we decided lo reengage in a post COVID-19 world. Pre-development has been completed and the 2019 plan Is still in pla￿. This includes.. Establishing a cycle of iterative development of the core AFS product that sets out a plan which will assume updates every 5 years. Building an internal department structure Iwilhin Product) that becomes expert at batch translation and rapid contextualisation in order to deliver 20 x AFS 2.0 versions that have swapped out Vox Pops for local Vox Pops of which 5 of these will have Stories and other content localised as well. We also aim lo scale our translation capabilities and capacity. In 2021 we developed a deep understanding of the technical pro￿$$eS used al present including their strengths and limitations. In 2022 we will develop the overall strategy (people, processes, technology) and plan for execution. In 2023 we will begin lo hire and build so that we are able lo practice with existing product. By 2024, when AFS 2.0 is complete, we will be ready lo translate and contextualise al pace. Documenting and codifying the DNA of the Alpha talks. For example, every element of the script serves a purpose in building the theological points within the script will be documented explaining why and what each is meant lo achieve. 11 is anlicipaled that this will set Alpha up well for the future as conlextualisation rolls out and DNA Is preserved as much as possible. Alpha International (A charitable company limited by guarantee) Trustees, report for the year ended 31 December 2021 Future Plans In 2022, Alpha will focus on". Casting vision and strategy for this next season at Alpha Launching a mulli-year global fundraising campaign Refining our Digital strategy Expanding the reach of AlphaNow Strengthening the development and management of Alpha's content products le.g., AFS, AYS, TMC, BIOYI Investment in Leadership Development and Capacity Building Strengthening Global Risk Management and Governance pracliees Strengthening the Church Engagement Framework strategy across Alpha globally Flnanclal Revlew Results for the year The SOFA for the year shows an operating surplus of £0.9M 12020.. £0.64ml but during the year, the charity incurred significant capital expenditure, including £0.58m developing the Alpha online platform. These costs will be amortised in future years, as explained further in note g. Cash in hand at the end of the year amounted lo £3.41 m, a decrease of £0.32m over 2020, which was chiefly due to a large portion of donations for 2021 received in early 2022. Income derived from voluntary donations for the year was £12.71 m compared to £11.08m in 2020. Income from other SoUr￿S (sales, conferences, royalties, and interest receivable) was £0.35m compared to £0.63m in 2020. This decrease in income from other sources is due lo minimal furlough income being received in 2021 compared to 2020 as well as less resource sales In 2021. Expenditure increased by 10 /0, lolalling £12.16m in 2021 compared to £11.07m in 2020. The Increase in lolal expenditure was driven by new projects done in 2021 (large grants lo Asian Alpha Film Series production and the Leadership Development programmel. General Funds & Reserves Policy The Trustees believe that Alpha Intemational is reliant on God's provision for the financial reSoUr￿S that il needs to fund its work. Consequently, the policy of the charity is not to build up significant reserves,. and wherever possible lo expend income received during the course of each financial year on ils purposes. However, in order lo ensure that the charity is able lo manage its operational cashflow needs, the Trustees aim to hold working Capital sufficient to cover a minimum of two-months. expenditure. Free reserves at 31 De¢ 2021 were £1.33m 12020, £1.18ml which represents roughly one months, working capital requirement based on the 2022 budget. The Trustees agreed to build a free reserve in 2022 that sufficient to cover between two to three months, expenditure. Specified Funds Specified funds (restricted funds) Comprise donations given for the use of Alpha in a particular geographical area or for a particular ministry purpose. At 31 December 2021, the balance on restricted funds amounted to £1.62m 12020, £1.63ml. Pollcy on grants The board's policy is to pursue its charitable objects by making supportive grants to charities with similar objectives where that is the most effective approach. Most of these grants are sent lo other National Alpha Offices around the world, who are ideally equipped to support and grow Alpha and the related ministries in their local contexts. Grants lotalling £4.62m were made during the year12020', £3.39ml. Trustees. responsibilities Company law requires the directors lo prepare accounts for each financial year which give a true and fair view of the slate of affairs of the charity as at the end of the financial year and of the surplus or delicil of the charity for that year. In preparing these accounts, the Trustees (who are also directors of the charity) are required to.. select suitable accounting policies and then apply them consistently., Alpha International (A charitable company limited by guarantee) Trustees, report for the year ended 31 December 2021 comply with applicable accounting standards, including FRS 102, subject to any material departures disclosed and explained in the financial statements., state whether a Statement of Recommended Practice ISORPI applies and has been followed, subject to any material departLJres which are explained in the financial statements make judgements and estimates that are reasonable and prudent., prepare the financial statements on a going concern basis unless il is inappropriate to presume that the charitable company will continue in business. The Iruslees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any lime the financial position of the charitable company and to enable them lo ensure that the financial statements comply with the Companies Act 2006, the Charities and Trustee Investment (Scollandl Act 2005 and the Charities Accounts Iscotlandl Regulations 2006 as amended by The Charities Accounts (Scotlandl Amendment (No. 21 Regulations 2014. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities Risk Management The Iruslees have eonducted a review of the major risks to which the charity is exFX)sed. A risk register has been established and is reviewed by our senior leadership and is updated at least annually. Inthere appropriate, systems and procedures have been established to mitigate the risks that the charity faces. Procedures are in place lo ensure compliance with health and safety of staff, volunteers and visitors. Our governance team oversees a comprehensive risk management system which is reviewed quarterly and managed al a global, regional and national level to help us ensure we are aware of risks and able lo take effective action in a timely manner. The Iruslees have considered the ongoing impact of the global pandemic. Clearly, significant restrictions on public gatherings in 2021 still in many countries globally has had a dramatic effect on the ability of churches to run in-person Alpha courses. Alpha's response has been lo adapt quickly by facilitating and promoting Alpha Online, which will continue to be a core part of our strategy in a posl-pandemic world. The trustees will keep the potential financial effect under constant review and steps have already been taken lo reduce costs in order lo miligale against any drop in income. The schedule of major risks and miligalions identified by the board is sel out below. Risks Alpha International fails to act with integrity or in the best interests of those whom il serves. ations Vision and values are cleady defined and integrated into the running of the organisalion Oversight structures are in place for senior leaders and staff. Nicky Gumbel is subject to oversight by both the Bishop of Kensington Icurrenlly Bishop Graham Tomlinl and the Churchwardens, with whom he meets regularly Strong risk management framework to miligale against reputational risks that ose threats lo the or anisalion. The creation of three new management committees lo help us identify clear lines of authority and spread responsibility across a wider group within the organisalion. These groups include an executive level group (Excol which meets fortnightly and two operational management groups (Global Central Functions and Re ional O eralional Leads which meet monthl In 2021 we continued to support our colleagues in the National Oftices to align our work around our Church Engagement Framework strategy and ensure we are working towards a global goal which is measured and analysed through our Impact measurement work. 2. Inadequate plans for succession in relation lo key roles jeopardise the future of the organisalion and of Alpha. Ne￿Ork around the world based heavily on relationships rather than legal frameworks with potential for poor brand and product control and risk of re utalional dama 4. Al Board governance is not properly managed resulting in poor decision-making, lack of com liance with re ulato A board governance subcommittee oversees Al's board govemance. In addition, the govemance team is active in helping to put in place additional support for our board to become more orous in self-monitorin Alpha International (A charitable company limited by guarantee) Trustees, report for the year ended 31 December 2021 requirements and reputational damage. We report on our risk through a global dashboard which we use to record risk and mitigating actions and work closely with the board subcommittee on these issues. Key IT systems are sel lo failover between head office and backup sile in the event of disaster, with extra cold sile available outside of London. Cloud-based systems will remain available as servers dispersed across the UK and Europe and reliant only on an internel connection. Critical data and key systems subject lo robust backup process and inlernallexternal monitoring. Security in place to detect, report on, and eliminate threats. Significant investment continues to be made in digital architecture and IT security to provide a robust and resilient platform. Cyber insurance is in place to cover us in the event of cyber-attack, bercrime, dats breach or loss of business income. In addition to an organisation wide GDPR group, Alpha International has formed its own GDPR group to help manage global relationships and ensure compliance. On-going training and upskilling of staff. Solicitation of outside advice when necessary to ensure full understanding of the need for compliance as a global organisation. Increased our indemni and liabili insurance covera Aph8 holds 1-2 months, reserves lo cover cashflow fluclualion,. we are looking to extend this in 2022 to 2-3 months, cash reserves. The funding pipeline is closely monitored, and action taken where there are concerns that funding will not match expenditure during the ear and we are seekin to diversi OLJr fundin sources. Clear published global policylprocedure Work with NAO'S to highlight the Importan￿ of safeguarding Alpha has a Safeguarding sub-commillee, which meets quarterly lo review policies and procedures, consider current or possible safe uardin matters discuss Irainin elc. 5. Lack of adequate disaster recover planning exposes the organisation to risks fmm which it is unable to recover in the event of a disaster. 6. Information or communications technology compromised, or critical data lost through cyber attack 7. Exposure lo large fines and reputational damage due to data protection breaches 8. Lack of sufficient income andlor inadequate cashflow results in an inability to meet salary and creditor payments. g. A church running the Alpha course or using any of Alpha 'producls' or content in a way that could be manipulated for the purpose of harm and abuse. Auditors Moore Kingston Smith LLP were appointed to carry out our audit for 2021. The Trustees, Annual Report is approved by the trustees of the Charity. The Strategic Report, which forms part of the Annual Report, is approved by the trustees in their capacity as directors in company law of the Charity By order of the Board ec 2910412022 Revd. Nicky Gumbel Ichairmanl Dale io INDEPENDENT AUDITOR'S REPORTTO THE MEMBERS OF ALPHA INTERNATIONAL Opinion We have audited the financial statements of Alpha International I'lhe company'l for the year ended 31 December 2021 which comprise the Statement of Financial Activities, the Balance Sheet, the Cash Flow Statement and notes lo the financial slatemenls, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including FRS 102 'The Financial Reporting Standard Applicable in the UK and Ireland, Iuniled Kingdom Generally Accepted Accounting Practice). In our opinion the financial statements". give a true and fair view of the stale of the charitable company's affairs as at 31 December 2021 and of Ils incoming resources and application of resources, including its income and expenditLJre, for the year then ended. have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice,. and have been prepared In accordance with the Companies Act 2006, the Charities and Trustee Investment (Scollandl Act 2005 las amended) and regulations 6 and 8 of the Charities Accounts Iscouandl Regulations 2006 las amendedl. Basis for opinion We conducted our audit in accordance with International Standards on Auditing IUKI IISAS IUKII and applicable law. Our responsibilities under those standards are further described in the Auditor's Responsibilities for the audit of financial statements section of our report. We are indepenclent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC'S Ethical Standard, and we have fulfilled our other elhieal responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Conclusions relating to going concern In auditing the financial ststemenls, we have concluded that the trustees, use of the going concern basis of accounting in the preparation of the financial ststemenls is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubl on the charitable company's ability lo continue as a going concern for a period of al least ￿e1ve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the Iruslees with respect lo going con￿rn are described in the relevant sections of this report. other information The other Information comprises the information Included In the annual report, other than the financial statements and our auditor's report thereon. The Iruslees are responsible for the other information. Our opinion on the financial slalements does not cover the other information and, except to the extent otherwise explicilty slated In our report, we do not express any form of assurance conclusion Ihereon. In connection with our audit of the financial statements, our responsibility is lo read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or OLJr knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstalemenls. we are required to determine whether there is a material misstatement in the financial slalements or a material misstatement of the other information. If, based on the work we have performed. we conclude that there is a material misststemenl of this other information, we are required lo report that fact. We have nothing lo report in this regard. Opinions on other matters prescribed by the Companies Act 2006 In our opinion, based on the work undertaken in the course of the audit.. the information given in the strategic report and the trustees, annual report for the financial year for which the financial statements are prepared is consistent with the financial statements,. and li INDEPENDENT AUDITOR'S REPORTTO THE MEMBERS OF ALPHA INTERNATIONAL the strategic report and the Iruslees, annual report have been prepared in accordance with applicable legal requirements. Matters on which we are required to report by exception In the light of the knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified material misstatements In the strategic report or the Iruslees, annual report. We have nothing lo report in respect of the following matters where the Companies Act 2006 or the Charities Accounts Iscotlandl Regulations 2006 las amended) require us lo report to you if, in our opinion.. adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us,. or the financial statements are not in agreement with the accounting records and returns., or certain disclosures of Iruslees, remuneration specified by law are not made., or we have not received all the information and explanations we require for our audiL Responsibilities of trustees As explained more fully in the Iruslees, responsibilities statement sel out on page 8 and 9, the trustees (who are also the directors of the charitable company for the purposes of company lawl are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary lo enable the preparation of financial statements that are free from material misslalemenl, whether due lo fraud or error. In preparing the financial ststemenls, the trustees are responsible for assessing the charitable company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concem basis of accounting unless the Iruslees either Intend to liquidate the charitable company or lo cease operations, or have no realistic alternative bul to do so. Auditor's responsibilities for the audit of the financial statements We have been appointed as auditor under Section 4411 Ilcl of the Charities and Trustee Investment Iseotlandl Act 2005 and under the Companies Act 2006 and report to you in accordance with regulations made under those Acts. Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material Misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAS IUKI will always delect a material misstatement when it exists. Misstalemenls can arise from fraud or error and are considered material if, individually or in aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these fi'nancial ststemenls. As part of an audit in accordance with ISAS IUKI we exercise professional judgement and maintain professional S￿pticiSM throughout the audit. We also.. Identify and assess the risks of material misstatement of the financial statements, whether due lo fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate lo provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control. Obtain an understanding of internal control relevant lo the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purposes of expressing an opinion on the effectiveness of the charitable company's internal control. Evaluate the appropriateness of accounting policies used and the reasonableness of accounting eslimales and related disclosures made by the Iruslees. Conclude on the appropriateness of the Iruslees, use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related lo events or conditions that may cast significant doubt on the charitable company s ability to continue as a going concern. If we conclude that a 12 INDEPENDENT AUDITOR'S REPORTTO THE MEMBERS OF ALPHA INTERNATIONAL material uncertainty exists, we are required lo draw attention in our auditor's report to the related disclosures in the financial statements or. If such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up lo the date of our auditor's report. However, future events or conditions may cause the charitable company to cease lo continue as a going concem. Evaluate the overall presentation, structure and content of the financial ststemenls, including the disclosures, and whether the financial statements represent the underlying transactions and events in a manner that achieves fair presentation. We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit. Explanation as to what extent the audit was considered capable of detecting irregularities, including fraud Irregularities, Including fraud, are instances of non-complian￿ with laws and regulations. We design procedures in line with our responsibilities, outlined above, lo detect material misstatements in respect of irregularities, including fraud. The exlenl to which our procedures are capable of detecting Irregularities, including fraud Is detailed below. The objectives of our audit in respect of fraud, are., to identify and assess the risks of material misstatement of the financial statements due to fraud", to obtain sufficient appropriate audit evidence regarding the assessed risks of material misstalemenl due to fraud, through designing and implementing appropriate responses lo those assessed risks," and to respond appropriately to instances of fraLJd or suspected fraud identified during the audit. However, the primary responsibility for the prevention and detection of fraud rests with both management and those charged with governance of the charitable company. Our approach was as follows.. We obtained an understanding of the legal and regulatory requirements applicable lo the charitable company and considered that the most significant are the Companies Act 2006, the Charities and Trustee Investment (Scollandl Act 2005 las amended), regulations 6 and 8 of the Charities Accounts Iscollandl Regulations 2006 las amended), the Charity SORP, and UK financial reporting standards as issued by the Financial Reporting Council. We obtained an understanding of how the charitable company complies with these requirements by discussions with management and those Charged with governance. We assessed the risk of material misstatement of the financial statements, including the risk of material misstatement due to fraud and how it might occur, by holding discussions with management and those charged with governance. We inquired of management and those charged with governance as to any known instances of non-compliance or suspected non-compliance with laws and regulations. Based on this understanding, we designed specific appropriate audit procedures lo identify instsnces of non- compliance with laws and regulations. This included making enquiries of management and those charged with governance and obtaining additional corroborative evidence as required There are Inherent limitations in the audit procedures described above. We are less likely lo become aware of instances of non-compliance with laws and regulations that are not closely related to events and transactions reflected in the financial statements. Also, the risk of not detecting a material misstalemenl due to fraud is higher than the risk of not detecting one resulting from error, as fraud may involve deliberate concealment by, for example, forgery or intentional misrepresentations, or through collusion. 13 INDEPENDENT AUDITOR'S REPORTTO THE MEMBERS OF ALPHA INTERNATIONAL Use of this report This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006 and lo the charitsble company's trustees, as a body, in accordance with Section 4411 Ilcl of the Charities and Trustee Investment Iscollandl Act 2005. Our audit work has been undertaken so that we might stsle lo the company's members those matters we are required lo slate to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to any party other than the charitable company and charitable company's members as a body, for our audit work, for this report, or for the opinions we have formed. James Cross Isenior Ststutory Auditor) for and on behalf of Moore Kingston Smith LLP, Slatulory Auditor Devonshire House 60 Goswell Road London EC1M 7AD Dale.. 16 May 2022 Moore Kingston Smith LLP is eligible to act as auditor in terms of Section 1212 of the Companies Act 2006. 14 Alpha International Statement of Financial Aetivities for the year ended 31 Oecember 2021 Note Un￿strIcted fund$ Restricted nd$ Total Total INCOME 2021 2021 2021 2020 Donations and legacies Donation9 under glft aid Other dona￿onS And simil£r Income 2a) 2bl 169,453 4,480,709 107,003 7,971,872 276,456 12,432,￿1 407,060 10,673,717 4630,162 B,078,875 12,709,037 11,060,777 charitab￿ aetiviti•s 2cl, 6 334,015 334V15 4BS,671 other incomè 2dl 20,610 20,610 143,958 Total ineom• 4994,787 B,07B,875 13,Q63.862 11,71D,406 EXPENDITURE Cost of Raising funds 3a) 514,90S 439,988 954B93 1,01B,147 Exp8nditur8 on charitable aetivitiès Strategic Leadership and Enablement UK Development Digilal. MediA, Producl and Pu￿￿lIOnS Intemational Devdopment Alph* Coniexl Devdopme ot￿r Mini$irj*¥ C￿l￿renCeS 3bl, 18 3cl. 18 1.298,595 880.188 88,985 1,098,417 79,4S1 821 286 385.737 3,484 430 2,581,588 130729 10D,044 168,892 2,119.￿1 1,265,gD5 3,553,415 3,￿0,0￿5 210,180 212,237 182.286 1,812,108 974,619 2,616,868 2,840,289 285,340 185.088 335.823 3el, 18 30. 18 13,394 Total eharitsbla •xpènditur• 3.S51,203 7,652,706 11,203.9D9 10,0SD,135 Total expendlture 4D66,108 8,092,694 12,158.802 11,068,282 Net Incomel{expendlture) before galnglllosses) 915,679 904860 642,124 Other gains 2el 57,212 57.212 ,871 Net Incomel{expendlture) 975,891 962,072 696,795 Fund5 brought forward at 1 January 8.811,783 1,629,671 10.241.434 8,544,639 Funds carried forward at 31 De￿mber 9,587,6Y 1,615,852 11,203,5QO 10,241,434 All amDunls are derived from cOn￿n￿1ng DwfAlk)ns. ￿1 recrynised gains £nd losses £re Induded in the Statement of Financid Activities. The S181ementof Financial Activiiies Also complie5 Vvilh Ihe requirernenls forAn Incorne and ExwndilureAttounl underthe Cornp8nies Act 2008. The notes on pages 18 10 31 fottm part olthesefinancial stalemeDts. Alpha International Balance Sheet As at 31 Dèc•mbèr 2021 2021 2020 FIXED ASSETS Tangible assets Intanglble assets 8,737,711 575,823 8,877,657 Tot81 fix8d 88S8ts 9.313,534 8,877.657 CURRENT ASSETS Stock 28,271 43.224 Debtors 1.457,055 1.068.452 Cash at bank athd In hand 3.405,812 3,728.755 Total current assets 4.889,138 4,840.431 UABILITIES.. AMOUNTS FALLING DUE WITHIN ONE YEAR 1,273.517 1.339,793 NET CURRENT ASSETS 3.615,621 3,500.638 UABILITIES.. AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR 11,725.6491 12.136,8611 NET ASSETS 11.203,506 10,241.434 ND Unr68tri¢t8d: General 1.918,365 1.188.994 D8swn8tsd 7,669,289 7,422.769 Restrlcted 1.615,852 1.629.671 11.203,506 10,241.434 Approved by the Board on 2910412022 and signed on ils t￿half by-. -ge( Revd. Nicky GumL*l Ch4imian Tha not&ts on payes 18 10 31 form part of thas8 accounts. 16 Alpha International statement of cashflows For the year ended 31 December 2021 2021 2020 N8t Cash Itfflow from Op8iatlon818&0 not6 balowl 238,255 1,573,311 Cash flows from Inve5tlng Actlvltle5 Purchase of tangl￿e fixed assests Prgceeds from sale of fixed 35sels Purchase of intangible fixed ?ssels Net Idecreasellincrease in cash & cash equivalents 26,202 575,823 322,943 3.633 1,S63.028 (Decreaseylncrease In cash and cash equlvalents Cash b8lan¢è brought foTward Cash balance carried forward 1322,9431 3,728,755 3,405,812 1,563.028 2.165,727 3,728.755 Note to cash Ilow statement 2021 2020 agh flow from Operatlng a¢tlvltlo8 Nel operating surplus (per Statement of Financial ActDiitiesl Other gains Depreciation and amortlsaiion ¢h8rg&S IGainllLoss on disposal of assets Decrease in stock Ilncre8sellDecrea$e in deblors IC*creasel In uediiors du& Wlhin ona ￿ar {De￿ease} in creditors due after more than one year 904.860 57.212 144,198 118.8771 16.953 1388.6031 166,2761 642,124 y,871 149,059 11,963 5,180 1.267,185 1408,6721 Net Cash Inll¢)wllouthowl from Opera￿0￿¥ 23B,255 1,573.311 NET DEBT RECONCILIATION Notes ljanuary 2021 Cash fttrws Other mo¥ements 31 December 2021 •n?n Cash al bank and in hand Loans Nei debt 13 14&15 3,728,755 2 419 866 1 308 889 3,405,812 2 065 866 1339 946 354 000 Alpha International NoteB1othEfinancl&l£t4tEm￿nt6 Forthe yearfjnd8(131 Decembgr 2021 1.ACCOUNT1NGPOL￿1ES Basls of aratlon Thes&financial slalemeDtsare pr&pared on a going concem ba￿$, underlhe histotical cost convent￿. re The finan￿81 slalem8nls have bggn pr8par8d In the Finenu￿ Rewrting Stsndard appIl￿ble in lh9 UK and of Ireland IFRS 1D21. The CharIt8b￿ CompBny IS a public benefitentity forthe purposes of FRS 102 8nd therefore the ChÈnty akn prepÈred its finanth￿ statsmentj in accordance MThlh the Statement of Recommended Practice applKableio tharilies PTeparing their accounts in ￿cordanCe with Ihe Finan￿al Reporring Standard applic5b￿ in the UK and Reputlic ol Irdand (The FRS 102 Charities SORPI. the Cutnpanies Act 2006 and the Chanties Ad 2011. The tinan￿al statements are prepared in Stprfing. ¥th￿h isthefunctional cutrencyolthe CDmpany. MDnetsry amDunts in the8efin8ncigl ststements gre rounded to the nearest pound. The prin￿￿£1 atttsunbw policieg adopted in the prepÈrthtsn tsithèfinÈnti£l statèn*ntSgre set￿t bek￿. The tru$tee3 have 8sse$$ed whetherthe use of thegoino (￿r￿ceM basis is appropnate and have PO$$i￿￿e events or condition$ that mightr￿st signifjcanl doubt OD ihe aLiility of the Chanty ￿ ￿ntInue as a going concern. The trustees have made this assessmenlfor a period of aileasl one year Irotn thedate olappruval of the financial statements. Whil8th$ ￿rona¥1[u& pand8mic hsscsu89d op9rsling th8118ng8s and uncfrtslnl￿, thg impsct on Al inGotne was not Thg 4ob81 pandem aL40 creates oppothnitles tovrtrds Our DigiL31, Alpha Onllne & Tr8inlno athvities 8nd we conbnue to enjoy Increasino lev￿$ ol committed mutti-year oift3. Arterconsideranon, Ih8tyu*e85 have decided upon initial 2022 budg&l1£18.12ml. Thismryll be reguladyreviewed and could be adiusled If necessary. The irusiees remain ￿nfide￿Ilha1th&tsrQets set out in the detailed forecast are achievable and have concluded that ihere Isa reasonable expectation thatthé chanty hss sd¥uat8 r8sourc88to continue In QP8rstions18Kist8nc8 fOrth&for￿e￿b￿fulur￿. Th8 ¢hantyth8r8for8 COntinu8sto adoptthé going nttm basis In p￿pann0 It3financial ststements. General tunds répr8séntth8fund8 ofth8 charitythst aré notsubiéctto any réstrictions regarding th8ir usé and availa￿8 forapFAication on the gén8rs1 purposes Df the Chanty. Funds de31onated lora part￿Ular purpose by the Charity are also unrestricted. The8ccountS Indude all tran52Ctlons. assets and Iiabililies forwhich the Chatity is respon$1￿9 in law. Restrlcted funds arise Whe￿ the donorha3 specified which of activity theywigh to be Supported bytheir plfL The Charlty Is notBt Ilberty to ubllse Ihes8fund$ lo support other activitymrythoulthe express p8rmission of the donor. The accounts Include all transactions, asse15 and liabilities forMthich the Charity Is responsit4e in ￿w. Donations and Legacles DDnalion$, grants and legscios rec8ivatle are r8cognised onlywh8n th8 Chanty Is nolifi8d of itslég81 entiU8mgnt, th8 amountdug is quantifiabl8 and its imBte rettipt bythe Charlty Is prOb£b￿ IncDmetsx raxverable on GiftAid don￿On$ is ￿tOon1$ed when the income 13 probable. Income trom Investrnents IDtergsl enlilLgmentsoD bank accounts arg accounted for as iheyac(¥ue. GovemmentGrants Grants re￿tIng to ￿venUe are reeopniged In incomeon a sygtemabc ba31s Dverthe pedod3 in which the entity ￿e0gnISeS ihe a33DCiated costs lorvthlch the grant 19 Intended lo wpensats. This Indude$ £1,302 12020- £135,603) of Govern￿nta$S1$tan￿ undgrih8 Coronavirus Job Retention Sth&me ICJRSI relatin9 to Staff whowerefurloughed due to Covi&19. Alpha International NoteBlOthEfinancl&l£t4tEm￿￿t8. coThtlnued Forthe yearfjnd8(131 Decembgr 2021 Ex endlture Expgndilure is charged to the stslfrnentoffinan¢ial a￿1VIb8& as itfalls due, and is acwrding to its nature b8iwe8n the fdbwing catewgs. Expenditure on charitabkactivities As reflefftd In note 19 (Related Parries), a strong partnership and working relationship exists behveen HolyTnnity 8rompton, Alpha International. Sl Pauls, The￿o￿lca1 Centre. and thp ¢hurch Revitali8thn Trust. Shared Se[V￿CDSt8 Iknovm as Centrsl Services) are incutred ty HTB snd all(uted tothpother Gh2rities. u91ng most appropria￿ driver. Grant8 are made tD chstitaEAe orgsnisations continuing aCbvrtEswh￿h gccordwith thpobJECts Ot￿pha Intemation￿, and aTe accounted fDrwhen due. ￿1 grants are made at the discretion olthe board. Tan Ible Flxed assets These assets are depre￿ated on a slraiphl line basis over their estimated useful lives. The peiiods used are as fc4lows'. CoMpu￿r equip￿￿1 2 Years Olherequipm8nl 3 Years Fumilure 8 ffttsngs 3 Y88rs Fithres 3 Y8ars 50 Year8 Indlvidu81 items With a purthase pnce of £1 000 orless are￿)llen off In theyear of ac4ui$thDn. Land 1$ not depreci8ted. The carrying values of tangible fixed assets are reviewed for Impairmeni In periods when eventsorchanges in urcumstances IndiGa* Ihaithe carrying valuo rnay nDt b8 r￿verabl&. Inta Ible fixed 89sets Sofvtsre costs have been Gapit￿lse￿ St hlgtONG Cost and amorJsed on a straight line basis over 3 yeais. Soflware assets und&rdevelopmenl have bew ¢apil8lis8d al cost. AmDrtisalion ha$ not been charged in 2021 as ihg asstl is nDI yel ready forusg. On COMp￿ted. èmothsatitsn ¥￿￿11 be ChÈroed on è straiyht line basi$ Overthree yehra. CufrèntAssèts Amounts DV¥ing to the Charlty 2t 31 Decemberare shown as debtots after vov￿1Thg for amDuntsthBt rtis thought may wove uncollectaue. Stock Is valued at the I￿￿erOf cosiand net rea115abk value, afterfflaking provision aga1nstobsc4e5cen￿ for￿￿￿ moving stock Items. Cash and cash equivalents Indude cash In hand, dep05115 h￿d *call wlh bank6. oiher short-term liquid Inves￿entS with original mawrilies of ihree tnonths or Ipss The costs 018hort-term emFloyee benefitsgre recDgni8ed a8 4 liabilitysnd an expEnse. The ChÈtity tsperatès a defin￿ eonknbution pensitsn Scheme and ￿n￿butiOnS ￿Yable are charged to the StatÈn*ntol Financ￿ ActivitieÈ. Rent813 P8id under opethno leases 8re charoed to the st8tementol Financi81 Actiwbes on 2 Straiohtline basis Overthe leasetsrm. Forèi n Cufrènciè* Monetsty 88aet3 and IIBbilities denominsted In foreion CurrenciesBre tr8n$￿tea Into Sterflno atrates olexchanoe ruling 8t the bslance sheet dBte. Transadions in foreign currenciesare trans￿le￿ Into Stertin9 at the rate wling on Ih&date ollh&lransa¢tson. Exthange gains and loss&s are recognised In thè Statemènt of Finaneid A¢tsvities. The company h£$ ￿eded ts apptythe provisions ol Section 11 'Basie Fin8Thth81 Instruments. and Section 12'0ther Financial Instruments l$$ues' ol FRS 102 to all ol Ils fjnancial Ins￿MentS. Financial Inslrurnents a￿ recogn15ed in ihe Charivs balance gheet when the Chamty bec4mes party io the contractusl provisions Df the Instrumenl Finan￿&1 assets snd Iiabilthes are offset. vdth the npt amounts presented In the finan￿￿ statemEnts, when there is a legally enforceable Nght to setoff the ￿COgnised amounts and there is an IntenbDn to setue on a nei basis or to ￿￿1$e the asset and setde the liability $iTnullaneou$ty. With lh8 8xception$ of prepaytnenls defetr8d In￿M9, all otherd8btorand ¢r8ditorb?lancfsare ￿nsidered lo be basicfinancial insltumgnls undgr FRS 102. See notes 12,14 Ènd 15 forthe demor and creditor notes. Alpha International NoteBlOthEfinancl&l£t4tEm￿￿t8. coThtlnued Forthe yearfjnd8(131 Decembgr 2021 crftlcal a¢countln e5Umates and areas 01 ernent In prgparing finanryal statements it 1$ ne¢gssary lo m8k*cgrt4injudg8mentS, 951imalg5 and assumpti￿$ Ihal?ffect the atnounls r8wgnised in Ih linanthal 8tstements. The 14lknwino Judgements and e8bmats8 a￿ considered bythe trustees to hÈve most Significant effecion amounts retoyni$ed in the finan￿al statements. 111 Useful Econornlc Llves The annu81 dePre￿allon tharge for propety, Flanl and equipmgnl is $ensilive lochange In ihg 9sbm*gd useful 9¢Dn0m￿ Iivesand r8sidu81 value of assets. These att ￿Ssessed pen0a￿alty and amended We￿ necessaryto refieet Currentclrcumst8nces. 1111 DÈri¥adveÈ As per FRS102 and the FRS102 Charities SORP Mpha Intemational Is required io reflect the cuilenl fair v￿ue of itsderivative contracias a liability. We récoivfd a valuation rgpgrt frorn Dur bank N3lW88tforthgyearondod 2021 and tho valuation was al8o3ss88s8d tya third psty Isf8 not8 15 for liiil SupportCoSthlltscationS A strong pBrtnetship and working ￿latIonShIp IS enjoyed betY￿en Hoty Tnnity Brompton, Alpha Intem8tlon81. St Paul's TherAoglcAI Centre. and the Church Revitalisalion Ttusl Shered Service costs Iknoym as C*nlral Service$l are b￿ne ty HTB and then retharged to the other ¢haribes using the tnosl propriats dfiverltsr Èsch Service eost typè Thèae Suppjrt tosts ère then £ll￿ted atr¢pSS thÈntèble èctivthèj bÈ$ed on e8timÉte$ tsl the reaources empknyed by Central SeNi¢es towards e￿h of these activities. 2. INCOME Llnrestrlcted nd9 Re9trfcted funds TotAI 2021 2020 •> GiftAKI Don¥bon¥ Donations Standing Ord8rs Inwtne tsx tewvfred 88.199 57.555 43,699 78,468 5,490 23,045 146,667 63,045 66,744 2BO,416 45,232 81,412 189,453 107,003 276,458 407.060 bl Non GIftAld Donatlons and Slmllar Income Donations StBndlny ordets and payrdl plving 4,373.221 87.488 7.601,660 70,212 12.274,881 157,700 10,584.646 139.071 4 450.709 7 971 872 12.432 5B1 10673717 cl Incomefrom operating actiwti68'. Cgnf*renc* Incomg Resour￿ sahs RoYatt￿$ Incorne current wr 585 275,406 58.024 334.015 585 275,40S 58,024 334,015 370 403.888 485.671 dl OtherlncomÈ Bank Interest and Other income GgifVILossI on disposals tsf è8$ets ¢oronavitu$ Job Retenbtsn Schetne 430 18.B7a 430 18,B78 1,302 20510 19.293 110.93BI 135603 143,95B el Othergains￿l￿￿￿S1 Adjuslmenl forfsirvalue ofdeti¥8live contrad Ireferlo note 151 57,212 57,212 54,671 20 Alpha International NoteBlOthEfinancl&l£t4tEm￿￿t8. coThtlnued Forthe yearfjnd8(131 Decembgr 2021 3. EXPENDrruRE Diw¢ Gr¥nts to NAO'S Allwat8d Totsl Costs & Partner Organlsalons. 8upwrt Costs 2021 2020 al Costof rai$itsy funds 804.546 150 347 954 893 1 018 147 bl Stratogic Leadernhip and Enablem•nt Glo￿1 strategy Partnerships & Governanc& The Alpha Office Church Engagement Framework {CEFI Leadership OevelDpment 707.324 253.8S4 69.633 123.350 156.842 144,084 57,742 9,261 37,723 18.857 267.467 903,549 311,60S 78,894 182,036 663.798 1,389.873 350.971 71.284 963 488.297 541.401 cl UK DevelopmÈnt UK DEvelDprnent8nd adviÈèrS Alpha Inwtabon Alpha Scotland pha Northem IteLgnd 466.792 179.8OB 13B.649 81.104 866.353 49.642 103.689 195,969 712,403 283,497 172,559 97,446 1.265,905 553.774 154,335 1B2,903 83,607 974.619 33,910 18,342 246,221 153,331 dl Dlgttal. Medla, Product aThd Publl¢atlon Media and publications GlobBI Marketsng and Communications 297.404 223.423 282.175 2.16Q 9.124 47.120 32,957 270.543 295.859 1.995,842 280.682 213.953 1,083.58e 120.451 546.082 333 727 Alpha Fllm Senes MhrriÈge Courses Remake Alpha Online ¢EF Training Product Dév8bptn8nt Manag8rn8nt 270.324 145 38,813 309,2B2 29B.365 1,573.B60 13,943 1,739,461 51,750 240,094 364,058 3.553,415 2,616.868 el Internauonal Development EME deV￿0PMent Africa dev￿0pMent Labn America devdopment Asia Pacific development 715.817 209,753 402.611 278.429 1.294.664 2 185.457 158,067 60.058 1.081,637 587.940 428.134 1.564.2S4 3.660 005 1,188.486 139.534 155.780 479.690 113850 338 146 3 840 285 Alph¥ Cont•xiDw*loFxhènt Alpha- Prisons pha- CathdicCont8xt B6.311 78.B46 165.157 18,657 26,147 44,804 104,968 1B3.994 101,346 2B5,340 210,180 gl Othgr klinislrig Mamsge Cours8s mi$$￿￿ Giving 144.009 68,&8 212,237 165.08B 20,000 185,oa8 144.009 68,228 212,237 h) Conferences confere￿e￿lre￿COSts & Logisucs 175.749 8.537 8.$37 182.286 182.286 335.823 335.823 Totsi expendlture 6 177 089 4 619 869 12 168 802 11 068 2B2 ' The athvlties noted above tht certaln ordntj ihaihave been awarded to Nation￿ Mph8 ONiCeS INAO'918nd other¢a￿fU1IY sdected third p8ty enthes in pursuit of the aims and objectivesof Alpha International. 21 Alpha International NoteBlOthEfinancl&l£t4tEm￿￿t8. coThtlnued Forthe yearfjnd8(131 Decembgr 2021 4. SUPPORT COSTS The suppon costs asS￿lated Wilh facililaling the y￿rK of the Charity have been all0￿￿d acros$t￿¢ategorIes ol generating funds and Chan￿*￿e acbvitES Dn the basis Df stsff numbets respDnsiEle foreach Df the relevant departrnents, project8 and sctivities. The ￿n￿Y315 of supportcosts 18 shDwn beluw. DepYeclBlon of fixed as**ts Support co#ts ANALYSIS OF SUPPORTCOSTS 2021 2020 Facilit￿$ & Desk Charge 169,925 245,876 189,925 254,254 188.079 279.291 10.060 312.404 178.975 8,378 D￿lta1 Estate Finance HR Operdtions 338.850 193.364 122,184 98,949 338.850 193,364 127.9S8 98,949 130,006 38,729 1.361,844 5.814 110.607 130.OU5 168 375 1 538,999 HQ BU1￿1n¢$ Depre￿at1{￿l IGglnsVk￿seS On toreign excha￿e 130.00 38,729 1 217,646 staff costs 0thorcosts- Totsl 2021 Totsl 2020 5. ANALY8IS OF EXPENDITURE Cost of Ralslng funds 385,603 438,943 804,548 801.806 Charttable actfvitles Strategic Leadership UK Development edia and Publicatson$ IntemÉtionÈl Dèvdowent Alpha Context DeV￿0Pment 913.907 537.301 686.B49 938.S07 482,383 2,626,472 2.913,742 49,￿0 37,649 66,828 1.852.414 1.019,884 1,517.237 2,434.344 3,3B8.594 204.235 3.321,860 165,376 144,009 175,748 106.360 10B.920 144.45B 267.799 CDnf8r8nCéS Ajlocated SupportCosts19ee Suppon Costs nDl841 798,533 563,311 1,3S1,844 1,538.999 8.116 895 12 15B,802 11 068 282 ' Indude9 the o)gt Df gome 9taff emFloyed by otheriKganisatiDns Outsidethe UKbuLwhich have been recharged to ￿Pha IntemationBI. 6. REGIONALANALYSIS OF SALES 2Q21 2020 Incomefrom Media resDurce8 and conferences can be an8￿3ed aÈ fdbw8". Unilgd ￿￿d0M North America and Canada Asia Pacific Europe. Afnca, Middh East 295,449 12,977 ?80.88f 25,2ag 30.929 48.578 485.671 14,388 334,015 7. AUDITCOSTSAND DEPRECIATION 2021 2020 Netintomintyioutgoinol re$ouf(*s ale stated aftertharging AuditDrfs remuneration.- cutrent year AuditDrfs r8mun8ration- oth8rs8rvi D8pre¢i8lion l$89 note 91 12,426 51 4,500 149.059 165.334 144,198 157,275 . STAFF COSTS 2021 2020 Wages and $￿a￿e9 SociBI Aeturity COSts Pension costs 3.478,741 375,026 188140 4 041907 3,293.077 356.684 198.649 3 B48 410 22 Alpha International NoteBlOthEfinancl&l£t4tEm￿￿t8. coThtlnued Forthe yearfjnd8(131 Decembgr 2021 8. STAFF COSTS conunued Anaty919 ofstaffcosts And the Costs of KÈY ManayemÈnt PeYsonThel As disck79ed In note 19 (Related Partiesl. there is a clDseworking ￿latIonShIp betrè*en HTB. AI. SPTC, and CRT. The Centra SerAGe staff who aupwrt all oflhg ¢haribeswilh operational fundions are etnployed by HTB, 4nd theirc{￿lS Itogglherwilh wsl$ oflhgirdepartmentsl 4re allo¢aled 4cro$$ the entities u*ng the mostappropriate basisfor eÈch support seNice. The 8taff costs and inf0m￿orn in this note indude$ the prOWrtion8te share of these Central SeNice staff, aswell asth& rdevanl share of ministy staff who split Iheirtime acrossth&chatiDes due tolhe nawTe of their ￿￿e$. The average monthly nurnber of full Iirne equivalenlernployeeswas 8912020.. 8S} The numberolernployeeswhose benefits lexcluding pension and Nll were greaterthan £6OK véas 13 12020.. 81. as lollows. £60K470K bracket- 7 £70K480K brackot- 2 £80K490K bra¢kei- 2 £100K-£110k brack81- 1 £150K-£160K brathel- 1 Central Sgrvice$ staff are on th& HT8 payrdl bul $ervg HT8, 141, SPTC, CRT- each ofwhith beara portion of th￿r￿$t& RdgVanldetai￿ of their remunerdtion eèn kfound in thÈ'StÈff co$ts' note In the HTB statemènts Key Management Pergonnel The key management peisonnel of Alpha In￿rnational comprise the PresideniolAJpha Internabonal and the Global Chiel Executive Ofticer. The total b8n8fits Iinduding ponsion and ErnplDyor NICI ofthg key managernent porsonn4 ofth8 Charitywer8£315,701 12020- £485,576whi¢h Indude¢ CEO. COO End Presldentl. The key tnan£gEmEnt petsonnel of the Central Services luThttiOnSwhich gErve HTB, AI. SPTC, and CRT ttsmpri$e the Group DIr￿lor tsf Petsplè and the HTB Group Chief Operaiing O[fi￿r. The lo￿1 emKloyee benefiis Iinduaing pension and Employer NICI olthese key rnanagement personnel were £206,70O12020- £191,0781, butAlpha only bor85 potbon of th888COSts. £68,79512020- £67,2591- Redundancyltemilnatlon payments Th8S8totsl8d ￿3.579 forth8￿ar12o2O. £5.8771. snd indudé st8tutory payrnéntsssw811 5S8￿9r￿tI3 arnountswh8r8th888w8r8 CDnsidérod appropriate. Land and Bulldlngs rffiwter Equlpment other Equlpment Fumfture and fittlngs 9. TANGIBLE FIXED ASSETS Total Co*t Opening balance 1st January2021 Addition8 10,500.285 93.363 92,609 £,914 10,693.171 11.5TI 49,686 10,$55.0S2 Dispo$aL Cbsino balan￿ 31st Dgcernbgr 2021 14,259 90,681 35,427 57,182 10,500,285 8,914 Depreclatlon Opening balan￿ Isl January2021 Charge foi 2021 DiswsaL4 Ck)sing balance 318t Dettmber 2021 1,$46.e38 130.006 85.457 8.378 14.258 75.577 78,505 S.814 28.103 54 216 8,914 1,815.514 144.198 42.381 1 776.644 N¥¢ B(￿kV41u9 At 31st t>8c8tnb8r 2020 8,853.647 7.906 16,104 8,877.657 Al 3181 Dwtnb8r 2021 8,723,641 11,104 2,5*6 8,737,711 23 Alpha International NoteBlOthEfinancl&l£t4tEm￿￿t8. coThtlnued Forthe yearfjnd8(131 Decembgr 2021 10. INTANGIBLE FIXEDASSETS Iniellectual Assets Under Propgrty Dev91opmqn¢ 200,000 Total 200,000 575,823 775,823 Owning balance Isl January2021 Additions Cbsing balan¢e 3151 Decernber 2021 575,823 575,823 200,000 Amortlsatton Openino bBlance 1st January2021 ehBroe for2021 Ck)Sing balance 31st December 2021 200.000 200.000 200.000 200 000 N¥¢ B(￿kV41u9 At 31st DEcetnber 2020 Al 3181 D￿[￿￿8r 2021 575,823 575,823 Int8118ctual Propety On 31 D￿@t￿b8r 2009Alphs Int8mational CDntrsctéd to twthe nghtsto a nurnb8rof k8yAlpha Pu￿1￿at10ns. Thé cost Df this has been amoffjsed over a th￿E¥ear perici with effect from 2010. A$$ets Under Dèvdopment With MphÈ £tur8es around the wortd ltsrttd to move orlinè due to the Covi(k19 wndemit. ￿ph£ dec￿ed to a bespoke online expeThence forAlpha guests. A rawd prototype online platrorm was developed In the last quarterol 2020 and throughout 2021 ihe Oaiforrn wasfurthprdevelopEd and ￿nhan￿d, to Indudethree core products aweb app, a native Android MO￿12 app, and a native IOS app. Al launchEd the$8 prcéucts globally in January20L. On 31 December2021 this ￿att0￿M was still under development and so has not been amortssed. 11. STOCK 2Q21 2020 Stocks otbollks, DVD'S and other re8ourceslorre84 43 224 12. DEBTORS 2021 2020 Trade Debiors Prepayments Sundry Debtors Deferred Expendltu Amountduefrom HTB Isee note 191 Other Debttsrs Accrued Incijrne 74,892 101,039 28,202 104.208 59.465 7.824 15.849 8.012 871.483 1 068 452 9,684 1.243,238 1.457 055 Sundry debtors includesa ba￿nce of £25,00012020. Nil) In more than one year. 13. CASH AT BANK AND IN HAND 2021 2020 BalBnce attributBbleto resbicted fund B8IBnce at bank and In hBnd 1,829.671 2 059.084 3 726 755 1.789 960 3.405 812 24 Alpha International NoteBlOthEfinancl&l£t4tEm￿￿t8. coThtlnued Forthe yearfjnd8(131 Decembgr 2021 14. L￿BlLrrIES'. AMOUNTS FALUNG DUE WITHIN ONE YEAR 2021 2020 tr￿lt0￿ for00￿82￿d $ervitÈ$ Amount duetts HTB l$èÈ note 191 Amount due tD CRT2 Isee note 19 Deferréd Incomé" Accruals Teyabon an¢ Swial SgcuDty othercredilors Mortgage finance 213.492 44.483 81.789 5.B10 177,802 348,591 303,552 73,a39 27,249 354,000 56,760 1,339.793 85,898 19.271 354.000 56.780 'DÈferred Income Deferred ineome ttsxprises donations. grants & eamed Income received f0rfvtU￿ financial period 2121 2020 Balan￿ at 1 Jsnusry Amount re￿a￿ed to Incotn8 Amount d8fvrred in year Bal8n¢e at 31 Dgcetnbgr 346.589 180,7791 391,959 1237.9531 192,5B3 346.589 265,810 1S. LLABILrriES'. AAIOUNTS FALUNG DUE IN MORE THAN ONE YEAR 2021 2020 Mortoage Iinante 711,866 13,783 1.000,000 1.725 649 1,065.866 70.995 Loan ,ooo.000 In September2011 the mortoaoe wth N£tion81 Weskninstsr Bank rAew85 paid off, and 8 new knan 01 £4,805.666 was received from Trinid8$ Limited. This rmortgage Is sewred on the property &7 Crorrwell Road, and has a thirteen year ierm froffl January2012, Wilh the final payment due in January 2025. The &m￿￿tduetD bp repaid In 2022, È354.000, Is disclosed in note 14. The remaining balance, due to be repaid afterthe end 012022, 18 disclosed above. No Interesiwas payatqe on this momgage forthe first five years. and thereafter the lender has the option to charge Iniere5t ala rate oquival8nl lo 1% abov8 th8 ba89 r3le of N3lion31 W$stTninst8r B8nk but has optgd notlo do so. Futhgrdetails sboul Trinida8 Limitgd c8n b8found j note 16. In August 2019. a second £1m loan was rettived from Trinidas Limited to SUPPDrt theworfting capi￿1 ￿UIreMents olAlpha Internauonal and has a seve ygart8rm from August 2019, wth a r8paym8nt Df £250 000 plus sccruod Intérest (if anyl atlhe fourth, fitth, si*h ?nd $gvgnlh 3nniv8r8ario8 of Ihf dats of the Agreement. The loan is fully Qut3tsndino at 31$t December2021 End distlosed above. In ND¥ember 2009 Alpha International ente￿d into B derivativecontractwith Roya BBnk ol Scot￿nd rlcto capthe Inte￿510n a mortjage at 3% on the full oulstsn4ing ba￿nCe to full tettn. Inslalmentsof £14,190 are paid qu8rtedy ¢gmmencing 31 D%&mber2009 and ending on 31 March 2023. The tw$tees took the viewthat this w£$ È pwdenteommitment in thè best interests olthè Charity Ènd that it provided a 0u8fdnteed I¢M CO$t interèst rste Overthe lifè tsf the loan. This mortgage has now been paid off and a differeniloan, bul due lo prevailing low Interesi raws In the UK market. Ilwou￿ noi Current￿ bp benpficial to dispose of the derivative contract. snd the Intentson isto retain It until condthonsare rnure fsVoursb￿. A tDtal uf£56.76O Is dueto be paid Dn this c1)ntraci￿￿In one year. Arising from this contraci. National Westminster Bank plc has a deed ol PiK>nty lor£600.000 SeCu￿d on the propety and a$sociatéd ass8ts. As p8r FRS102 and the FRS102 Charities SORP. ￿Ph5 Intefflatic￿aI Is r8quirad to reflectthe cutronl fair value of its derivabve contr8et as a118blltiy. As at 31 December2021 the lia￿lIty Is V￿ued 8t£70.543 (olvth￿h t56.760 ig shortterm118bllityl. 25 Alpha International NoteBlOthEfinancl&l£t4tEm￿￿t8. coThtlnued Forthe yearfjnd8(131 Decembgr 2021 18. ANALYSIS OF NET ASSETS BY FUND General funds DeglgnAted fund9 Re9trfcted funds Total 2021 Fixed Stock and debtors Cash at bank and In hand 589.893 1,483.32£ 1,707.903 1862,7571 8.723.641 9.313,534 1.483,326 3.405,812 82,057 1354,0001 1,615,852 70,543 7,889.289 70,543 11.203,50S Fund balance 1,918.3S5 1,615,852 2020 8.885.61D Fixed as3et3 Strtk and debtors Cash at bank gnd in hand 12.047 8.877,657 1,994.304 1929.0331 104.780 1354.0001 1,629,671 3.728,755 12.065,8661 1127,755 10.241,434 127,755 7,422,769 Fund belance 1,188.994 1,629,$71 17. DESIGNATED FUNDS 2021 Opkning Balance Mortgau8 Repayment Propkrty Tr¥n$forfram General Reserye 2021 CID¥ing Balance 5-7 Crornwell Road Fund Future DeprecialioD- Central Service As6ets 7,317.989 104.780 354,000 45.249 50,751 7,587.232 82.057 173,4741 7A22.769 34000 203A80 96.000 7.669 289 2020 Opwning Balance Aortgoug Propwrty Tr4n8ferfram Rgpayment tYoPrnfkltv)n General Reserye 202U CIDwing Balance 7 Cromwell Road Fund Future DeprecLwtion- Centrsl Service Assets 7,039.323 B7.033 354.OOU 1130,0051 161,4431 54.671 79.190 7,317.989 104.780 7,1Z6,3 354,OOD 191,448 133,861 7,422,769 5.7 Cvomwell Rood. Thewoth on the HQ building ai &7 Cri)mwell RoBd wa8 comr1e￿d In Marth 2009 and 9Atlglied the sr*tsliCabDn ol the donations given forlhe purchase of the propety. A d&signated fund wa$ e$taili$h8d allhgDme in order to pres&rye a fund to ofts81 the amortisalion of the propetty nd the repaymentolthe mtsrt989e. Future depreclatloncentral SeNlce Assets- as outlined In the accounting wlicies. HTB makes an Bnnual chBrge to M for Sh8￿d staff and the use ol $hered fa￿11119$ and sgNi¢e d$par￿ents. Part oflhischarp Islhg deprgcianon on as$el$ pvrcha$ed by HTB u$ed acro$s HTB, 41, SPTC 4nd CRT a8 part olthe Centrsl Seryitss Support lunthon. A de8ionated fund Èstablished to re¢ogniAethefuturevÉlueol dep￿latIOn on these assets which will be char9ed lo Al im 2020 and beyond. This designated fund is adiusi8d annuallylo reflect the value offuture years, depreciation calculated allh&end of each thnsnckwl year. Alpha International NoteBlOthEfinancl&l£t4tEm￿￿t8. coThtlnued Forthe yearfjnd8(131 Decembgr 2021 Owniny In¢om¥ Exptyndilvro Clo¥ing Balance 2021 1ft. REsTR￿TED FUNDS 2021 2021 2021 2021 Strnt4 1¢ Load Alpha ¢lobal-Int Dev Exocutive Offi Govérnsnce OfFIc Church Engagem8nl Framswork Leadership D￿lop[ment and Enablèm 77,561 42,859 1.344,179 1 474948 177,5611 142,8591 645,140 7S.W9 699,039 699.039 UK De￿1• ment Alpha Scotland Alpha Northem I￿￿nd UK Development Fund 19.337 20.000 87.147 44.259 253.545 3649S1 16S.2451 21.239 20,000 2S3,Y5 363,049 39,337 41,239 ital MBdia Pro Publicabons tand atio B.163 279,597 97,19a 1250,2591 29,338 Global Comm$ Alpha Film Serigs Alpha Online Product Devebpmenl 307,049 272,152 35,725 644.264 219.672 183,947 3.289 308 AfrltA Development Fund Asia Pacifi¢ Developmem Fund EME Devdopment Fund Latin Amèricè Devdopment Fund 58.638 1.È61 263.665 1.325.775 415.484 134.B41 2,143,769 1282,8651 39,838 98,043 45,422 134,841 2,416,381 456,719 184,103 Alpha- Prisons Alpha In a Celholic CoDle 7.500 35,087 79,067 114.154 142,5871 79,W7 121.654 7.5LhJ Marria9e Courses The Paientino Course 72.253 70.460 142 713.00 172.2531 23.253 47.207 Leadership Confe￿rn 159,817 159,817 1￿,$17 Costof Raising funds Supwrt Cost 417.299 453,771 871.070 453,TT1 871.070 1.629.671 8.078.87S 8.092.694 1.61S.852 27 Alpha International NoteBlOthEfinancl&l£t4tEm￿￿t8. coThtlnued Forthe yearfjnd8(131 Decembgr 2021 18. REsTR￿TED FUNDS 2020 coThtIn￿ed Opgning Balance 2020 Incom Expwndi¢vrg Clp¥ing Balance 2020 RESTRICTED FUNDS 2020 202Q 2020 Strntt it LeadÈtshi Alpha Clobal-lnt Dev Executive Otfice Govérnsnce Offic and Enablement 143.967 53,784 120,369 318.120.00 1143,9671 153,7B41 120,369 318.120 UK Develo Alpha Scotland Alpha Northem Ireland UK Developrneni Fund men 81,991 54,376 416.933 162,6541 134,3761 418.933 19,337 20,000 ledla and Publkauons 136.508 1136,5081 Alpha InntsvÉtion1c￿thvÈ Clobal comm Alpha Filtn Series Alpha Onlin8 am3g& Coursg Refilm 1141,5681 666.820 1.530.705 526,763 105,390 2.440.934 1.128,115 1526,7631 105,390 1.981.639 866.820 1.126.115 Africa Developmeni Fund Asia Pacific Development Fund EME DevdDpMeni Fund Latin America D￿￿0pment Fund 4.550 113.007 31.875 321 334,537 1.684.493 795.373 325.740 3,140,143 1280,4491 58,838 221,961 178.120 326 C￿1 2 833,177 Al ha ContexiD￿$lo Alpha- Prisons Alpha- You Alpha FDrc8s pha In a C8lholic Conts ènt 39.B05 132,3051 7,500 7B,467 118.272 78,467 110.772 7,500 Marriage Courses 135.747 133.747 133.747 133 747 Leadership conle￿nce 40.537 40 937 Fun ¢ostof Raisin9 funds Supwrt Cost EO.O59 160,0591 179,206 179.206 816.573 6.924.659 6.111.￿1 I.6￿.671 The funds rdats to donalionswhi¢h have bg8n given SP￿l[l¢al￿f￿r1h8WQ[k of 41pha In a parti￿lar¢O￿￿lryor region. orfor e spgufiG ministry or prO1￿t beino undertaken by Altha Intern8bon81. 28 Alpha International NoteBlOthEfinancl&l£t4tEm￿￿t8. coThtlnued Forthe yearfjnd8(131 Decembgr 2021 19. RELATED PARTies Trustee remunerabon.. Under ihe ieims ol ihe Mernorandum and Articles olAssxiabon olAlpha Internabonal three of the trustees received remuneration for Services as ompkny88s orconsultants dunng th8 yg3r. Nongof th8 tru8t88s r8cgiy8d rgmun8rslion forseTVlCgS providéd to the Ch3rity a8 Iruslfe8. The lolknwlng trustees or key man8oement petsonnd We￿ dlrectots ormembers of ￿￿ted entrfES orwe￿ connected to people orooBni9Atlon$ in rettipt of paymentsfrom Alpha Intemalional. Trvst8& & R*lated Tru$t8**hip R•rnun#ration for non4ruSts• services È125.B71 12020 t146,5001 Church Rewtalisation Ttust ITrusteel. The Church Renewal Tru$l ITtust88 and M&m￿r and St Pauls. Thedogical Gentr& Imetmberl Right Revd Sandy Millar None £19.266 12020'.£19,2771 paid via a retsinerby Hoty Tnnity BroMp￿n and Alpha Mrchris Sadler NIL1202O Q8.50DI Company Limiied DBto Hong YeDh NIL 12021>NILI NIL1202tyNILI Mad Squared Sdn Bhd Dgtuk Kathleen Ch Alphamy Beihad IAlpha NIL 1202&NILI Sl Pauls, Theolwical Centr& evd. N1￿Y Gutnb otyTnnity Bromptgn".Sl Pauls. Theolc¢It￿ Centre, Churth Revitalisaliom Trust, church Renewal Trust and St NIL 1202&NILI MrJohn D. L. Mackay Alpha USA & Alpha Minis1ri8S Canad 18 a PC¢" memtEr, Standing CDmmitiee member an4 Church Wardan of Trinity Brompton Wife Is memb&rof Church Revrtalisation Ttust NIL12021kNILI Mr Bemard M8n$ah Wife Is a Tlusieeol Sl Pauls, Thaologicsl Csntré Wrfe IS 8 PCC memberol Holy Trinity 8romptoD PCC of Ecdesisstical Parish of Hacknty Hol Trin Brom NIL 1202&NILI Mr David G8￿rner NIL 1202tyNILI MrAI Gord NIL 12021>NILI LlrAndre Eze MIS Rebecca swart on 2021kNIL NIL 1202&NILI Hdy Tnnity Brompton's lull leoal name IS The pa￿lChial Church Coun￿1 of the Eceles18Stical Parish of Hoty Trlnty wlth S8int Paul on￿oW squa￿ 8nd SainlAugustine South Ken%nglon ' PCC ÈtAnd$for Parothi*l Churth Ctsuntil Trustee Donatknns. Alpha Intemat￿naI has ￿Ceived a total 01£2.181.98212020' £2.282.9711 In dDnabDns from Trustees and their rdated porties In the ygar. Th&dO￿r$￿Id ncTrl attath anycondilionsto their gift$ whith requir8lh8 th3tity wgnificanlkylcTr 8ltsrlhe n*urgof its existing acliyib8S. Roya￿9$. Royaltie8 accrued to trust885 of Alpha International frotn woddwide In th8 prèviousyéarof r8sourc8s vdtittén byth8rn. These royalties werewaived bw ihe trus*es and the funds ￿taIned In the Charity. Rgvd. Nitsy Gutnbel-£9,427.45 Right Revd John (Sandy) Millar- £5.27 Alpha Intsmstionsl onjoys a sharéd vision and do88WOtking rdatiDnship Nstional ￿Pha Offic85 INAOs1. Ovér45 countn85 hsvé thés81(ulty stafféd NAOS who Work closelywith the global ieam to Alpha In their context, train kaders and tran￿3* resources. The Alpha ofiices are Independenly nsliluled and are notdir8ct8d orcontrolled ￿y￿pha Inl*mal￿Tral. Whgre on&or more 4irgdors of Alpha International are minotity tnetnbgrs of a NAtion81 ￿pha ofhce bts8￿, and vthere Mph8 Intemation￿ has had transacbonsv•ith thatofficedunno the yeBr, detsils are Wovided In thetstrAe bdow. 29 Alpha International NoteBlOthEfinancl&l£t4tEm￿￿t8. coThtlnued Forthe yearfjnd8(131 Decembgr 2021 19. RELATED PARTies contlnued Natlonal Alpha Office & Related compaThles Income Expendfture Balance owlng atyearend Notes NIL{202(￿ NIL) Grant- £231.536 12020 £150.6561 NIL{202(￿ NIL) Company Limiied Alphamy Bert￿d il￿pha ma￿y91a) NIL{202(￿ NIL) Grènt-£1.990,05012020 £S20.2451 NIL12020 t70,000 Owed byj toAJphaMy Berhadl Alpha USA RoY￿lIeS received t11,8O012020". Sundry expenses Induding stsff co8tst640,OB7 12020. £785.4701 £12,750 due toAJpha USA 12020." t20,804 due frDmAlpha USA) Alpha Australia National Office R￿￿tIeS received of £7.03B 12020 £6,840>. No donaDon$ re￿1Ve￿ 12020." t9.3401 NIL1202& NIL) NIL12020' £8.840 due from Alpha Australia Nation￿ OFfi¢81 £747 donabons rec&ived 1202 NIL{202￿ NIL) NIL1202(b NIL) Nicky Gumb￿ Bnd Rebecc8 Stewart ITwsie&s of Alpha In￿rnationall ar Ttu8teES tsf St Mellitus Colle9p Ttujt Tnnida8 LimitEd MILI202(￿ NIL) LDsn repayment£354,ODO 12020. £354.0001 LDsn outstanding t2.065,866 indudinp the a second £1m loan r8c8iv8d in August 201912020- £2 419.6661 See note 15 for Dato, S H Yeoh and Datuk K ¢hew (Trus￿￿5 Df Alpha In￿rnatIOnall are directors and majority shareholdérs In Tnnidas Llmited. Hdy Trinity arornpton Donabons tot￿11￿9 £277.000 12020. £250.0001 NIA £44,484 due to HokyTrinty Brompton 12020. £15.849 due frorn HotyTnnity Bromptonl Mad Squared Sdn 8hd NIL{202￿ NIL) Chargésto Alpha IntemBtionBI lor media service$ £7.996 12020. t26,B061 NIL12020 t18.6781 NIL{202￿ NIL) Datuk Kath18én ch￿ ITtusts8 of Mad Squared Sdn Bhd. Lèvel CrÈÈbve M￿la Ltd MIL1202(￿ NIL) NIL{202(￿ NIL) Thè gtsn ol Revd. N￿k￿ Lee Imembèr of Alpha InieTnationall is a Partner of Lével Creative Media Ltd. Alpha MinistThes Canada Joint Ventu￿ expenditure £550.881 12020- £413.9061. NIL{202￿ NIL) Alpha Internabonal Is patyto d￿ffl srrangétn8nt ￿th Alpha Minisln8s C8nBda which commenced in 2003. and whith enable$ both partie$ lo tarryouttheir objects mtsre effective by poc4ing resources. The1￿￿t committee Icomprising the TTUSt88s of Alpha InternabDnall supeivise3. d1￿cts and man8ges Ihejoimatrangem9nl. The incomino re$ourtt$ provided by Alpha Ministnes Canada ￿ Ihejoinl arrangetnent and the related expendiwre. Is not renected In these fin3ncis1 stst8ménts, but In th fin8nciBI stBtementsol thepnt arrangetnenl. Year end balance consists Df the Fundraising Lic8ns8èxp&ns8 and donations recelved byMphB, to be passed on lo CRT. The son ol Revd. N￿kY GUM￿ 1$ 8 PCC metnber of Sl Peters BTighlQn. incorne £567,281 12020. £408.7401 The ChuKh Reviialigatyon Twst NIL{202￿ NIL) NIL{202￿ NIL) £81.789 due toThe Church The PCC olthe E￿￿$lastiCal £10.000 donations received 12020. t10,0001 Gr8nt-£10,0001202 NIL{202￿ NIL) Peter'8 Bnghtonl The PCC olthE ECc￿51a￿tiCsl Parish ol Hackney (St John's H3&neyl MILI202(￿ NIL) Grant-t5.OOD I20￿ MILI NIL{202(￿ NIL) Al Gordon is a PCC mernber land I so the Chairman) ol ihe PCC olthe E¢r￿￿aSt￿pl Pansh Trf H3&ney. 30 **Alpha International** ## **Notes to the financial statements, continued** **For the year ended 31 December 2021** |**20. COMPARATIVE STATEMENT OF FINANCIAL ACTIVITIES**
**Note**
**INCOME**
**Donations and legacies**
Donations under gift aid
2a)
Other donations and similar income
2b)
**Charitable activities**
2c), 6
**Other income**
2d)
**Total income**
**EXPENDITURE**
**Cost of Raising funds**
3a)
**Expenditure on charitable activities**
Strategic Leadership and Enablement
3b), 18
UK Development
3c), 18
Digital, Media and Publications
3d), 18
International Development
3e), 18
Alpha Context Development
3f), 18
Other Ministries
3g), 18
Conferences
3h), 18
**Total charitable expenditure**
**Total expenditure**
**Net income/(expenditure) before gains/(losses)**
Other gains
2e)
**Net income/(expenditure)**
Funds brought forward at 1 January
Funds carried forward at 31 December|**Unrestricted**
**funds**
**2020**
**£**
229,410
3,926,708
**4,156,118**
485,671
143,958
**4,785,747**
**956,896**
1,488,031
449,933
595,910
951,113
172,185
48,958
293,695
**3,999,825**
**4,956,721**
**(170,974)**
54,671
**(116,303)**
8,728,066
**8,611,763**|**Restricted**
**funds**
**2020**
**£**
177,650
6,747,009
**6,924,659**
**-**
**-**
**6,924,659**
**61,251**
324,077
524,686
2,020,958
2,889,176
113,155
136,130.00
42,128
**6,050,310**
**6,111,561**
**813,098**
-
**813,098**
816,573
**1,629,671**|**Total**
**2020**
**£**
**407,060**
**10,673,717**
**11,080,777**
**485,671**
**143,958**
**11,710,406**
**1,018,147**
**1,812,108**
**974,619**
**2,616,868**
**3,840,289**
**285,340**
**185,088**
**335,823**
**10,050,135**
**11,068,282**
**642,124**
54,671
**696,795**
9,544,639
**10,241,434**| |---|---|---|---| 31