##
##
##
|Trustees||Stephen White||||
|---|---|---|---|---|---|
|||Paul Smith||||
|||Charlotte
Hutchinson||||
|||Gavin Howard||||
|||Justin
Hill||||
|||Luke Johnson||(Appointed|6December|
|||||2021)||
|Secretary||Leonard Esterhuizen||||
|Charity number||1097267||||
|Company|number|4686283||||
|Registered|office|1st Floor, Tower House||||
|||Latimer Park||||
|||Chesham||||
|||Bucks||||
|||HPS 1TU||||
|Auditor||Summers
Morgan||||
|||First Floor, Sheraton|House|||
|||Lower Road||||
|||Chorleywood||||
|||Hertfordshire||||
|||WD3 5LH||||
|Bankers||Banque de Credit de|Bujumbura|||
|||Avenue Patrice Lumumba||||
|||Bujumbura||||
|||Burundi||||
|||National
Westminster|Pic|||
|||63 High Street||||
|||Bumham||||
|||Slough||||
|||SL1 7JU||||
|Solicitors||Lawson Lewis &Co,||||
|||37 Brassey Avenue||||
|||Hampden
Park||||
|||Eastboume||||
|||BN22 9QD||||
##
##
|||Page|
|---|---|---|
|Trustees'
report||1-6|
|Statement ofTrustees'|responsibilities||
|Independent
auditor's|report|8-to|
|Statement offinancial|activities||
|Balance sheet||12-13|
|Statement ofcash flows||14|
|Notes to the financial|statements|15-27|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|||Unrestricted|Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|
|||funds|funds|funds|2021|2020|
|||general|designated||||
||Notes|5|5||||
|Income from:|||||||
|Donations
and legacies||990,093||507,177|1,497,270|1,661,115|
|Commercial
trading
operations||7,842|||7,842|8,212|
|Investments||1,777|||1,777|2,310|
|Total income||999,712||507,177|1,506,889|1,671,637|
|~E*
Cht|||||||
|Raising funds||2,705|||2,705|4,609|
|Charitable
activities|6|1,117,861|166,845|492,644|1,777,350|1,730,005|
|Total resources expended||1,120,566|166,845|492,644|1,780,055|1,734,614|
|Net (expenditure)/income|for the year/||||||
|Net (outgoing)/incoming|resources|(120,854)|(166,845)|14,533|(273,166)|(62,977)|
|Other recognised gains and losses|||||||
|Other gains or losses|11|(4,796)|||(4,796)|1,327|
|Net movement
in funds||(125,650)|(166,845)|14,533|(277,962)|(61,650)|
|Total funds brought
forward||469,031|313,736|5,549|788,316|849,966|
|Total funds carried forward||343,381|146,891|20,082|510,354|788,316|
##
##
##
|||||2021||2020||
|---|---|---|---|---|---|---|---|
||||Notes|8|6|f||
|Fixed assets||||||||
|Tangible assets|||12||451||756|
|Programme|related|investments|13||35,872||84,893|
||||||36,323||85,649|
|Current assets||||||||
|Stocks|||14|5,684||8,389||
|Debtors|||15|28,730||46,217||
|Cash at bank and in||hand||458,093||677,464||
|||||492,507||732,070||
|Creditors:|amounts|falling due within||||||
|one year|||16|(18,476)||(29,403)||
|Net current|assets||||474,031||702,667|
|Total assets less current liabilities|||||510,354||788,316|
|Income funds||||||||
|Restricted|funds||17||20,082||5,549|
|Designated|funds||18||146,891||313,736|
|General unrestricted||funds|||343,381||469,031|
||||||510,354||788,316|
##
##
##
##
||||||2021||2020||
|---|---|---|---|---|---|---|---|---|
||||Notes|f|||5||
|Cash flows from operating||activities|||||||
|Cash absorbed
by operations|||21|||(221,148)||(121,123)|
|Investing|activities||||||||
|Purchase|oftangible
fixed assets||||||(568)||
|Investment|income received|||1,777|||2,310||
|Net cash|generated
from investing||||||||
|activities||||||1,777||1,742|
|Net cash|used in financing|activities|||||||
|Net decrease in cash and||cash equivalents||||(219,371)||(119,381)|
|Cash and|cash equivalents|at beginning|ofyear|||677,464||796,845|
|Cash and|cash equivalents|at end of|year|||458,093||677,464|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|||||Unrestdcted|Unrestricted|
|---|---|---|---|---|---|
|||||funds|funds|
|||||general|general|
|||||2021|2020f|
||Non-charitable|trading|activities|7,842|8,212|
|4|Investments|||||
|||||Unrestricted|Unrestricted|
|||||funds|funds|
|||||general|general|
|||||2021|2020|
|||||f.|f|
||Interest receivable|||1,777|2,310|
##
##
##
|||||Unrestricted|Unrestricted|
|---|---|---|---|---|---|
|||||funds|funds|
|||||general|general|
|||||2021|2020|
|||||6|5|
||Other fundraising||costs|2,705|4,609|
|6|Charitable|activities||||
|||||Chantrable|Charitiable|
|---|---|---|---|---|---|
|||||Activities
in|Activities
in|
|||||Burundi|Burundi|
|||||2021|2020|
|||||6|6|
|Staffcosts||||9,715|6,658|
|Depreciation||||142|142|
|Direct charitable||activities||28,751|26,571|
|||||38,608|33,371|
|Grant funding|of|activities (see note 7)||1,485,980|1,439,642|
|Share ofsupport||costs (see note 8)||243,006|247,476|
|Share ofgovernance|||costs (see note 8)|9,756|9,516|
|||||1,777,350|1,730,005|
|Analysis
by|fund|||||
|Unrestricted|funds -||general|1,117,861|1,147,414|
|Unrestricted|funds -||designated|166,845|224,277|
|Restricted
funds||||492,644|358,314|
|||||1,777,350|1,730,005|
##
##
##
|||||Charitiable|Charitiable|
|---|---|---|---|---|---|
|||||Activities
in|Activities
in|
|||||Burundi|Burundi|
|||||2021|2020|
|||||8|8|
|Grants to institutions:||||||
|Scripture
Union||||100,070|99,705|
|Youth for Christ Burundi||||37,230|60,875|
|Partners Trust International||||25,465|20,723|
|Harvest
initiatives||||11,825|19,908|
|Evangelism
Explosion||||42,421|15,329|
|New Generation||||64,473|39,151|
|Union Des Groupes|Bibllques|Du Burundi (UGBB)||13,355|12,565|
|APRID||||16,844|25,594|
|Antioch Foundation||||197,732|116,567|
|Bravo Ministries||||508|10,072|
|Kings Conference Centre (Scripture|||Union)|457,001|504,026|
|Christian
Initiatives for Peace||(Various)|||7,779|
|Igniting
Communities|for Jesus (formerly J-Life)|||56,227|61,308|
|Bible Society||||16,838||
|Heritage TV||||28,433|44,875|
|Other||||254,381|241,776|
|||||1,322,803|1,280,253|
|Grants to individuals||||163,177|159,389|
|||||1,485,980|1,439,642|
##
##
##
|Support costs|||||||
|---|---|---|---|---|---|---|
||Support|Governance|2021|Support costs|Governance|2020|
||costs|costs|||costs||
||f|f|||F.||
|Staff costs|197,985||197,985|193,647||193,647|
|Depreciation|163||163|695||695|
|UK office administration|44,858||44,858|53,134||53,134|
|Audit fees||3,600|3,600||3,700|3,700|
|Legal and professional||6,156|6,156||5,816|5,816|
||243,006|9,756|252,762|247,476|9,516|256,992|
##
|YFC|||f515|(2020:f480)|
|---|---|---|---|---|
|J-Life|||f145|(2020:f10,284)|
|PTI
Named|Individual||F3,750|(2020:F3,750)
f500|
|Greenland
Alliance|||f2,750||
|King's|Conference|Centre||f15,000|
|New Generation|||f50||
##
|The av|erage
monthly
number ofemployees
during|the year was:||
|---|---|---|---|
|||2021|2020|
|||Number|Number|
|Burundi||||
|United|Kingdom|||
|Total||||
##
##
|10|Employees||(Continued)|
|---|---|---|---|
||Employment
costs|2021|2020|
|||6|8|
||Wages and salades|189,744|165,974|
||Social security costs|11,756|15,564|
||Other pension costs|6,200|6,622|
|||207,700|188,160|
|2021|2020|
|---|---|
|Number|Number|
||660,001 tof70,0000|||
|---|---|---|---|
|11|Other gains orlosses|||
|||Unrestricted|Unrestricted|
|||funds|funds|
|||general|general|
|||2021|2020|
|||Z||
||Foreign exchange gains|4,796|(1,327)|
##
##
##
||||||||
|---|---|---|---|---|---|---|
|12|Tangible fixed assets||||||
||||Webeite|Fixtures,||Total|
|||||fittings|&||
|||||equipment|||
||||||E||
||Cost||||||
||At 1 January 2021||6,640|13,343||19,983|
||At 31 December 2021||6,640|13,343||19,983|
||Depreciation
and impairment||||||
||At 1 January 2021||6,640|12,587||19,227|
||Depreciation
charged|in the year||305||305|
||At 31 December 2021||6,640|12,892||19,532|
||Carrying
amount||||||
||At 31 December 2021|||451||451|
||At 31 December 2020|||756||756|
|13|Programme
related investments||||||
|||||||Loans|
|||||||E|
||At 1 January 2021|||||84,893|
||Loan increase|||||30,621|
||Amounts
converted
to|grant||||(7,271)|
||Loan repayments|||||(72,371)|
||At 31 December 2021|||||35,872|
##
|Stocks||||||||
|---|---|---|---|---|---|---|---|
|||||||2021|2020|
|||||||E||
|Finished|goods|and|goods|for|resale|5,684|8,389|
##
##
|15|Debtors||||
|---|---|---|---|---|
||Amounts
falling due|within one year:|2021
6|2020f|
||Other debtors||28,730|46,217|
|16|Creditors: amounts|falling due within one year|||
||||2021|2020|
||||6|6|
||Accruals and deferred|income|18,476|29,403|
##
##
##
|||Movement|in funds|||Movement|in funds||
|---|---|---|---|---|---|---|---|---|
||Balance at|Incoming|Resources|Balance at||Incoming|Resources|Balance at|
||1January 2020|resources|expended1|January|2021|resources|expended|31December|
|||||||||2021|
|||||||||6|
|Youth for|||||||||
|Christ-|||||||||
|various|||||||||
|projects|113|46,648|(46,716)||45|30,297|(30,297)|45|
|Antioch|||||||||
|Foundation||116,567|(116,567)|||154,203|(154,203)||
|Kings|||||||||
|Conference|||||||||
|Centre|14,184||(14,184)|||33,622|(33,622)||
|Scripture|||||||||
|Union||18,412|(18,412)|||22,754|(22,754)||
|New|||||||||
|Generation||8,469|(8,469)|||20,368|(20,368)||
|Christmas|||||||||
|fund||7,500|(7,500)|||18,786|(18,608)|178|
|BBAC||620|(520)||100|546|(646)||
|Bravo|||||||||
|Ministries||6,102|(6,102)|||2,683|(2,683)||
|Partners|||||||||
|Trust|||||||||
|International||9,320|(9,275)||45|9,110|(9,110)|45|
|APRID||7,522|(7,522)|||3,255|(3,255)||
|Igniting|||||||||
|Communities|||||||||
|for Jesue|||||||||
|(formerly J-|||||||||
|Life)|1,216|28,700|(29,470)||446|2,453|(2,863)|36|
|Individual|||||||||
|specific|||||||||
|recipients|5,813|52,602|(54,525)||3,890|11,063|(8,461)|6,492|
|Other|||||||||
|institutions|16,602|23,473|(39,052)||1,023|198,037|(185,774)|13,286|
||37,928|325,935|(358,314)||5,549|507,177|(492,644)|20,082|
##
##
##
##
|||||Balance at|Resources|Balance at|Resources|Balance at|
|---|---|---|---|---|---|---|---|---|
||||1|January
2020|expended1|January
2021|expended|31December|
|||||||||2021|
|||||||||6|
|Kings|Conference|Centre||538,013|(224,277)|313,736|(166,845)|146,891|
|||||538,013|(224,277)|313,736|(166,845)|146,891|
##
##
##
##
||||||||||
|---|---|---|---|---|---|---|---|---|
|21|Cash generated
from|operatio|ns||||2021
8|2020f|
||Deficit for the year||||||(273,166)|(62,977)|
||Adjustments
for:||||||||
||Investment
income recognised||in statement|||offinancial activities|(1,777)|(2,310)|
||Foreign exchange differences||||||(4,796)|1,327|
||Depreciation
and impairment
oftangible||||fixed assets||305|837|
||Movements
in working|capital:|||||||
||Decrease/(increase)
in|programme||related||assets|49,021|(63,022)|
||Decrease/(increase)
in|stocks|||||2,705|(5,990)|
||Decrease
in debtors||||||17,487|3,423|
||(Decrease)ffincrease
in|creditors|||||(10,927)|7,589|
||Cash absorbed
by operations||||||(221,148)|(121,123)|
|22|Analysis ofchanges|in net funds|||||||
||The Charity had no debt during||the|year.|||||