## ## |Contents||Page| |---|---|---| |Report ofthe Directors||1-8| |Report ofthe Independent|Auditors|9-12| |Statement of Financial Activities||13| |Balance Sheet||14| |Statement ofCash Flaws||15-15| |Notes tothe Financial Statements||17-36| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||Unrestricted|Unrestricted||Restricted|Total|Total| |---|---|---|---|---|---|---|---| |Income and Expenditure|Account|Funds|||Funds|Funds|Funds| |||General|Designated|||2022|2021| ||Note|8||8||8|E| |Income|||||||| |Donations
and legacies|3|1,041,923||267,655|1,894,406|3.203,984|3,426,377| |investment
income|4|10,472||-|-|10,472|11,649| |Grants|6||||||5,207| |Charitable
activities:|||||||| |Literature|5|512,904|||8,398|521,302|401,139| |Other programmes|5|601||8,218|3,767|12,586|11,689| |Total Income||1,565,900||275,873|1,908,571|3,748,344|3,856,060| |Expenditure|||||||| |Cost ofraising funds|7|203,120||||203,120|1S4,921| |Charitable
acbvities|7|829,847||872,616|2,135,292|3,837,755|3,158,341| |Total Expenditure||1,032,967||872,618|2,135,292|4,040,875|3,343,262| |Net operating
income/(expenditure)||532.933|(596,743)||(228,721)|(292,531)|512,799| |Net gains/l(losses)
on
investments||(38,235)||||(38,235)|12,744| |Net gains/l(losses)
on sale of
property,
p(ant and equipment||(228)||||(228)|| |Net income/(expenditure)
the year|for|494,470|(596,743)||(228,721)|(330,994)|525,543| |Transfers between funds|19|(496,081||388,114|107,967||| |Net movement
In funds||('l,611)|(208,629)||(120,754)|(330,994)|525,543| |Reconciliation
offunds|||||||| |Funds brought forward at|1"July 2021|131,977|1.276,830||1,312.476|2.721,083|2.195.540| |Funds carried forward at30a June
2022||130,366|1,068,001||1,101,722|2,390,089|2,721,083| ## ## |THE LANGHAM
PARTNERSHIP (UK tk IRELAND)
(Limited by Guarantee)
Company
Number 4235957|THE LANGHAM
PARTNERSHIP (UK tk IRELAND)
(Limited by Guarantee)
Company
Number 4235957|THE LANGHAM
PARTNERSHIP (UK tk IRELAND)
(Limited by Guarantee)
Company
Number 4235957|THE LANGHAM
PARTNERSHIP (UK tk IRELAND)
(Limited by Guarantee)
Company
Number 4235957|| |---|---|---|---|---| |STATEMENT OF CASH FLOWS||||| ||AS AT 30m JUNE 2022|||| |||||2021| |||||8| |Cash outflow from operating
activities||||| |Net cash provided
by/(used
in) operating|acfivities||351,600|836,270| |Cash flows from investing
activities||||| |Investment
income and interest received|||10,472|11,649| |Proceeds from the safe ofproperty,
plant|and|equipment|150|| |Payments to acquire tangible
fixed assets|||(460,261)|(952,694)| |Net cash provided
by (used in) investing|activities||(449,639)|(941,045)| |Cash flows from financing
activities||||| |Cash inilows from new borrowing|||596,066|| |Nst cash provided
by (used in) financing|||596,066|| |Netlncresse/(decrease)
in cash and cash||equivalents|(205,174)|(104,775)| |Cash and cash equivalents
at beginning|ofyear||680,102|784,877| |Cash and cash equivalents
at end ofyear|||474,928|680,102| |Reconciliation ofnet income/ (expendhure)||to net cash Row from|operating
activities|| ||||20226|| |Net income/(expenditure)|||(330,993)|525,543| |Adjustments
for.||||| |Depreciation
charges|||44,833|11,187| |Net losses/ (gains) on investments
Investment
income|||38,235
(10,472)|(12,744)
(11,649)| |Losel (profit) on sale offixed assets|||228|| |(Increase)/ Decrease in stack|||28,979|70,101| |(Increase)/Decrease
in debtors|||20,439|(95,573)| |(Decrease)/ Increase
in creditors|||(12'I,498)|320,938| |(Decrease)/ Increase
in provisions|||(21,351)|28,467| |Net cash provided
by/(used
ln) operating||activities|i351,600)|836270| ## ## |||Asat1|Cashflows|Other|As at30| |---|---|---|---|---|---| |||July 2021||Non-Cash|June 2022| |||||Changes|| |Cash et bank||680,102|(205,174)||474,928| |Cash held by investment|managers||||| |Loans: Falling due within|one year||(596,066)|(50,000)|(646,066)| |Loans: Falling due after|more than one year|(50,000)|||| |||830,102|(801,240)||(171,138)| ## ## ## ## ## ## ## ## ## ## # ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||unrestricted|unrestricted||2622| |---|---|---|---|---|---|---|---| |||||General|uesignated|Rsstricted|Total| |||||Funds|Fundsf|Fundsf|Funds
e| |Literature:|||||||| |Other donations|and|gifts||63,787|48,118|647,868|759,773| |Income tax receivable||||||6,154|6,154| |Legacies|||||||| |Scholarship
and|educalbrr||||||| |Other donations|and|gifts||65,244|112,893|525,794|703,931| |Income lax receivable||||||2,683|2,663| |Legadss|||||||| |Preaching and teaching:|||||||| |Other donations
and
Income tax reoeivable||gihs|||48,118|604,134
6,262|652,252
6,262| |Legacies|||||||| |Hookses:|||||||| |Other donalions|and|giga||||23,420|231420| |Legacies|||||||| |Langham
International
Other donations
and
income tax receivable||induding
gifts|LSC properly:|195,699||77,691
400|331,916
400| |General Income|||||||| |Other donations
and
income tax receivable
Legacies||gifts||619.180
86,693
11320|||619,180
86,693
11.320| |||||1,041,923|267,655|1,894,406|3.203,984| ## ## |||||unrestricted|unrestricted||2021| |---|---|---|---|---|---|---|---| |||||General|Designated|Restricted|Total| |||||Funds|Funds|Fundsf|Fundsf| |Literature:|||||||| |Other donations|and|gills||||630,101|630.101| |Income tax receivable||||||5,873|5,873| |Legacies||||||137,167|137,167| |Scholarship
and|education:||||||| |Other donations|and|gills||||706,424|706,424| |Income tsx receivable||||||2,766|2,766| |Legacies||||||137,167|137,167| |Preaching
and teaching:|||||||| |Other donations|and|giga||||408,631|408,631| |Income tax receivable||||||8,453|8.453| |Legacies||||||137,167|137,167| |Hocksem|||||||| |Other donations|and|gi's||||1.610|1,610| |Legacies||||||41&150|41,150| |Lengham
International||including|LSC property.||||| |Other donations|and|gifts|||24,164|310,088|334,251| |Income lax receivable|||||||| |General income:|||||||| |Other donahons|and|gilts||761,614|||761.614| |Income tax receivable||||112,003|||112,003| |Legacies||||2000|||2 000| |||||875.616|24,164|2,526,597|3,426,377| ## ## |VESTMENT INCOME||||| |---|---|---|---|---| |UK Invesbnents|Unrestricted|||2022| ||General|Designated|Restricted|Total| ||Funds|Funds|Funds|Fundsf| |Listed Investments|10472|||10472| ||10,472|||10,472| |UK investments|Unrestricted
General
Designated||Restricted|2021
Total| ||Funds
f|Funds
f|Fundsf|Fundsf| |Listed investments|11649|||11649| ||11,649|||11,649| ## ## |NCOME FROliii|CHARITABLE ACTIVITIES||||| |---|---|---|---|---|---| |||Unrestricted|||2022| |||General
Funds
f|Designated
Funds
f|Restricted
Fundsf|Total
Funds| |Literature - Additional
book programme
Literature - Other income
Other Programme
Income||413,134
99.770
601|8218|8,398
3767|413,134
108,168
12586| |||513,505|8,218|12,165|533,888| |||Unrestricted|||2021| |||General
Funds
f|Designated
Funds
f|Restricted
Fundsf|Total
Fundsf| |Literature - Additional
book programme
Literature —Other income
Other Programme
Income||9'I,821
649|1,251
5,662|298,375
9,693
5378|298,375
102,764
11,689| |||92,470|6,913|313,445|412,828| ## ||||||44
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Dl| ## ## ## |STAFF COSTS AND|R|ELATED PARTY|TRANSACTIONS||| |---|---|---|---|---|---| |||||2022|2021| |||||6|6| |Wages and salaries
Bodal security costs
Pension costs||||891,686
73,795
78,139|744,328
57,564
64,573| |Other Benefits||||13,848|292| |||||1 057.468|868 756| |Average
monthly
number||ofstaff:||No|No| |Office and programme|staff||||| |The number ofemployees||whose emoluments|exceeded 660,000were:|2022|2021| ## ## # ## ||||||||||IO
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0!0|| |||||||||||||||||||||||Cl|| ||||CC||||||||||||||||||||| ## ## |FIXEDASSET INVESTMENTS|FIXEDASSET INVESTMENTS|Listed|Cash||| |---|---|---|---|---|---| |||Investments|deposits|Total|Total| |||2022f|2022f|2022f|2021f| |UK investments|||||| |At 1*'July 2021||401,562|1,000|402,562|389,818| |Net investment|gasses)/gains|38234||38234|12,744| |Market value at|30"June 2022|363,328|1,000|364,328|402,582| |Historic costas|at 30e June 2022|225,177|1,000|226,177|226,177| |14|STOCK|||| |---|---|---|---|---| ||||2022
E|2021f| ||Stock ofbooks||80,016|108,995| |15|DEBTORS|||| ||||2022|2021f| ||Trade debtors||67.879|15,762| ||Other debtors and Prepayments||84.170|156,726| ||||152,049|172,488| |16|CREDITORS: Amounts|falling due within one year||| ||||2022|2021| ||||E|E| ||Other creditors||273,324|368,718| ||Bank loan||596,066|| ||Other Loan||50,000|| ||Accruais||63,782|49,120| ||Income in advance|||40766| ||||983,172|458,604| ## ## |CREDITORS:|Amounts
falling|due after one year||| |---|---|---|---|---| ||||2022|| ||||E|| |Loan||||50 000| |||||50,000| |18|PROVISIONS:|Amounts|falling|due|within|one|year|2022|2021| |---|---|---|---|---|---|---|---|---|---| |||||||||6|6| ||Prevision|||||||7116|28467| |||||||||7,116|26,467| ## ## |||Balance at||||Imm atmant|Balance at| |---|---|---|---|---|---|---|---| |||S1.07.21|. Income|Expenditure|Transfers|Gsinai(Loss|30.0a22| |||E|E|E|E|E|E| |General fund|||||||| |LPUKI||131,976|727,665|(314,937)|(378,103)|(38,235)|130,366| |Progrsmmas|||642,537|(522,560)|(119,977)||| |LPI|||195698|195698|||| |||131,976|1,565,900|(1,033,195)|(496,080)|(38,235)|130,366| |Designated|funds:||||||| |Progrsmmes||(145,458)|217,344|(696,792)|281,056||(363,850)| |Reserves|Polhy Fund|277,612|||1.610||279,222| |LPI||178,043|58,526|(164,292)|102,010||174,287| |LSC Property Development||966.433|3|11532|23437||978 34'I| |||1,276,630|275,873|(872,616)|388,114||1,088,001| |||Balance at||||Investment|Balance at| |---|---|---|---|---|---|---|---| |||||||I|| |||01.07.20|tncome|Expandltum|Transfers|Gains|30.06.21| |||E|E||E||E| |General fund|||||||| |LPUKI|||BM,121|(258,206)|(512,683)|12,744|131.976| |LPI||105,757|91 621||197576||| |||105757|981942|256206|710261|12744|131976| |Designated|funds:||||||| |Programmes||121,433|6.828|(530,035)|256.3'l6||(145,458)| |Reserves|Policy Fund|253,612|||24,000||277.612| |LPI||93,043|||85,000||178,043| |LSC Property Development||666959|24.248|24774|300000||966 433| |||1 135047|3'I 077|554 809|665,316||1276630| ## ## |0
RESTRICTED FUNDS||||||| |---|---|---|---|---|---|---| ||Balance at||||Investment|Balance at| ||01.07.21
f|Income
f|Expenditure
f|Transfers
f|Gains
f|30.06.22
f| |John Stott Memorial
Fund
Scholarship
Fund|1,427
317,915|528,477|(1,427)
(565,135)|||281,257| |Langham
Service Centre
Hookses Fund|2,099
576,982|43,550
23.427|(45,649)
(21,215)|||579,194| |LPI|19,110|34,541|(53,651)|||| |LPI —International
Ministry
Director
Preaching
Seminars
Fund
Literature
Fund|6,072
248,649
27,314|3,759
610,396
579,090|(7,012)
(681,328)
(603,801)|(12,010)||2,819
165,T07
2,603| |PD General
Fund|6,250|34.787|(155,642)|119,977||5,372| |WIndows on the Text|106,659|48,543|(431)|||154,771| ||1,312,477|1,906,570|(2,135,291)|107,967||1,191.723| ||Balance at||||tnvestment|Balance at| ||01.07.20
f|Income
f|Expenditure
f|Transfers
f|Gainsf|30.06.21
f| |John Stott Memorial
Fund
Scholarship
Fund
Langham
Service Centre
Hockses Fund
LPI|2,546
124,368
552,617
11,136|846,264
40,400
45,767
289,639|(1,119)
(662,682)
(38,301)
(21,402)
(261.866)|9,945||1,427
317,915
2,099
576,981
19,110| |LPI —International
Ministry
Director
Preaching
Seminars
Fund
Literature
Fund|2,893
86.293
105.131|5,292
554,252
913,921|(2,113)
(391,896)
(957,285)|(34,452)||6,072
248,649
27,314| |PD East Asia Fund||8,885|(43,336)|34,452||| |PD General Fund
Windows
on the Text|69,750|104,307
54,098|(133,057)
(17,189)|35,000||6,250
106,659| ||954736|2843,042|2.530,246|44||1.3t2,477| # ## ## ## ## |||Tangible|Investments|Net|Non Current|Total| |---|---|---|---|---|---|---| |||Fixed||Current|Assets|2922| |||Assets||(Liabilities)||| |Unrestricted|Funds|||||| |General Funds||52,213|364,328|(286,175)||130,366| |Designated|Funds|1,753,675||(685,674)||1,068,001| |Restricted|Funds|503,169||688,554||1,191,723| |||2,309,057|364.328|(283,295)||2,390,090| |||Tangible|Investments|isat|Non Current|Total| |||Fixed||Current|Assets|2021| |||Assets||Assets||| |Unrestiictsd|Funds|||||| |General Funds||26,034|402,562|(246,619)|(50,000)|131,976| |Designated|Funds|1,364,805||(88,175)||1,276,630| |Restricted|Funds|503,169||809,307||1,312,476| |||1,894,007|402,562 .|474,513|(50,000)|2,721,083| ## ## ## ## ## ##