2022-03-31-accounts - Christian Broadcasting Network (UK)

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				Page
Report of the	Trustees			1 to 14
Statement of	Trustees	Responsibilities
Report of the	Independent		Auditors	16to 18
Consolidated	Statement	of	Financial Activities	19
Consolidated	Balance Sheet			20
Charity Balance Sheet
Cash Flow Statement
Notes to the	Cash Flow	Statement		23
Notes to the	Financial	Statements		24 to 34
Detailed Statement of		Financial Activities		35

for the Year Ended 31	March	202	2
								31.3.2022	31.3.2021
						Unrestricted	Restricted	Total funds	Total funds
						fund	funds
					Notes	E	E
INCOME AND ENDOWMENTS		FROM
Donations and legacies						1,028,276	360,767	1,389,043	1,169,209
Other trading activities - CBN Resources				Ltd	3	25,760		25„760	74,402
Investment income					4	85	26	111	581
Total						1,054,121	360,793	1,414,914	1,244„192
EXPENDITURE ON
Raising funds						16,302		16,302	37,766
Charitable activities
Humanitarian Aid and	Promotion		of Christian			1,019,178	163,405	1,182,583	1,155,225
Religion
Total						1,035,480	163,405	1,198,885	1,192,991
NET INCOME/{EXPENDITURE}						18,641	197,388	216,029	51,201
RECONCILIATION OF	FUNDS
Total funds brought	forward					80,680	132,216	212,896	161,695
TOTAL FUNDS CARRIED FORWARD						99,321	329,604	428,925	212,896

Consolidated Balance Sheet At 31 March 2022
				31.3.2022	31.3.2021
		Unrestricted	Restricted	Total funds	Total funds
		fund	funds
	Notes	E	E
FIXED ASSETS
Tangible assets	14	50,404		50,404	22,387
		50,404		50,404	22,387
CURRENT ASSETS
Stocks	16	3,095		3,095	2,432
Debtors	17	38,798		38,798	30,750
Cash at bank and in hand		27 933	329 604	357 537	182,986
		69,826	329,604	399,430	216,168
CREDITORS
Amounts falling due within one year	18	(20,909)		(20,909)	(25,659)
NET CURRENT ASSETS		48,917	329,604	375 521	190 509
TOTAL ASSETS LESS CURRENT LIABILITIES		99,321	329,604	428,925	212,896
NET ASSETS		99,321	329,604	428&925	212,896
FUNDS	20
Unrestricted funds				99,321	80,679
Restricted funds				329 604	132217
TOTAL FUNDS				428,925	212,896

At 31 March 202	2
					31.3.2022		31,3,2021
			Unrestricted	Restricted	Total	funds	Total	funds
			fund	funds
		Notes	E	C
FIXED ASSETS
Tangible assets		14	49,259			49,259		22&387
Investments		15	1			1		1
			49,260			49,260		22,388
CURRENT ASSETS
Stocks		16	3,095			3,095		2,432
Debtors		17	46,482			46,482		35,116
Cash at bank and in hand			18,263	329,604	347 867		173,255
			67,840	329,604	397,444		210,803
CREDITORS
Amounts falling	due within one year	18	(18,924)			(18,924)		(20,295)
NET CURRENT ASSETS			48 916	329 604	378 520			190,508
TOTAL ASSETS	LESS CURRENT LIABILITIES		98,176	329,604	427,780		212,896
NET ASSETS			98 '176	329,604	427,780		212,896
FUNDS
Unrestricted funds						98,176		80,679
Restricted funds						329 604		132717
TOTAL FUNDS					427 780		212 896

Consolidated Cash Flow Statement	Consolidated Cash Flow Statement
for the Year Ended 31 March 2022
						31.3.2022	31.3.2021
					Notes	E	E
Cash flows from operating	activities:
Cash generated from operations						213,966	60,949
Net cash provided by (used in) operating
activities						213,966	60,949
Cash flows from investing	activities:
Purchase of tangible fixed	assets					(39,526)	{5,506)
Purchase of fixed asset investments
Sale of tangible fixed assets
Interest received							581
Net cash provided by (used in) investing			activities			~39,4}5}	~4,H5}
Change in cash and cash	equivalents	in the
reporting period						174,551	56,024
Cash and cash equivaients	at the beginning			of the
reporting period						182,986	126,962
Cash and cash equivalents	at the end	of	the
reporting period						357,537	182,986

RECONCILIATION OF	NET INCOME/(EXPENDITURE)	NET INCOME/(EXPENDITURE)	NET INCOME/(EXPENDITURE)	NET INCOME/(EXPENDITURE)	FROM OPERATING ACTiVITIES	FROM OPERATING ACTiVITIES
					31.3.2022	31.3.2021
					f.	f.
Net income/(expenditure) for the reporting				period (as per the
statement of financial		activities)			216,029	51,201
Adjustments for:
Depreciation charges					11,509	6,186
(Profit)/loss on disposal		of fixed assets
Interest received					(111)	(581)
Decrease/(increase)	in	stocks			(663)	74
Decrease/(increase)	in	debtors			(8,048)	1,977
(Decrease)/increase	in	creditors			~4,750)	2,092
Net cash provided by		(used in) operating	activities		213,966	60,949

DONATION	S AND LEGACIES
		31.3.2022	31.3.2021
		E	E
Donations	and legacies	1,282,199	1,077,886
Gift aid		106,844	91,323
		1,389,043	1,169,209

for th	e Year Ended 31 March 2022	e Year Ended 31 March 2022
3.	OTHER TRADING ACTIVITIES
			31.3.2022	31.3.2021
			E	8
	CBN Resources	Ltd	25,760	74,402
4.	INVESTMENT	INCOME
			31,3,2022	31.3.2021
	Deposit account interest		111	581

	Included	in the	in the	above is E85 (202	1; 8547) for u	nrestricted purpo	ses and f26 (20	21:834) for restrict	ed purpo	ses.
5.	RAISING	FUNDS
	Other trading		activities - Unrestricted
								31.3.2022	31.3.2021
									8
	CBN Resources			Ltd				16,965	37,692
	Other							~663)		74
								16,302	3~7766
6.	CHARITABLE ACTIVITIES COSTS
							Grant funding
						Direct costs	of activities	Support costs	Totals
						(See note 7)	(See note 8)	(See note 9)
						E	f.	8
	Humanitarian		Aid and Promotion		of
	Christian	Religion				999 120	176 163	7,320	1 182	583
7.	DIRECT	COSTS		OF CHARITABLE	ACTIVITIES

DIRECT COSTS	O	F CHARITABLE ACTIVITIES
			31.3.2022	31.3.Z021
			f.	E
Staff costs			700,558	682,688
Hire of equipment			8,597	203
Rent re: Licences		Et other	42,843	41,854
Rates			3,681	3,64Z
Insurance			5,539	5,538
Light and heat			728	2,011
Telephone			26,968	18,760
Postage and stationery			18,982	24,710
Production I't satellite fees			15,946	13,509
Sundries			2,488	1,865
Office expenses	and repairs		26,639	34,882
Repairs and maintenance			455	1,829
Cast and talent	fees		529	380
Bank charges			20,599	18,131
Exchange losses			(553)	1,689
Travelling			6,292	2,437
Contract labour			85,149	97,024
Professional fees			22,278	28,372
Depreciation			11 102	6 188
			999,120	985,712

GRANTS PAYABLE
					31.3.2022	31.3.2021
					E	E
Humanitarian Aid and Promotion		of	Christian	Religion	176,143	162,397
The total grants paid to	institutions		during the year was as follows:
					31.3.2022	31.3.2021
					E	E
World Reach - Senegal					578
Operation Blessing USA					9,515	21,581
Other donations under E5,000					2,3?2	17,049
CBN Asia					3,255
Mission Freedom					6,ooo
Afghan Refugees —Albania					9,836
CBN Balkan					21,424	68,961
Qendra Celesi Im —Albania					1,711
Top Mission (Superbook	in France)					1,382
Udruzenje Football Club, Bosnia						5,637
YMAM Poland					2,091
Christian Broadcasting Network		(Germany)			17,105	6,050
Mission Possible Albania						4,262
Operation Blessing Israel						4,630
Doina Bejenaru / AO "Asociaiia		Jurnalistilor		Crestini'*	23,899	5,799
Helping Hands (Greece)						3,463
Victory Church					19,000	6,500
2bfree OBProject {The	Netherlands)				5,000	4,057
CBN Israel					11,505	9,026
Putson Baptist Church						4,000
Kosciol ZIelonos —Poland					9,201
CBN Nederland					26,502
Awana Ministries Portugal					7, 149
					176 143	162,397

Net resources	are stated after charging
		31.3.2022	31.3.2021
			E
Auditors' remuneration		7,320	7,200
Depreciation	- owned assets	11,506	5,506
Operating leases		54,946	42,100
(Gain)/Deficit	on disposal of fixed asset

						31.3.2022	31.3.2021
						E	E
Turnover						25,760	74,402
Cost of sales						9 850	22 069
						15,910	52,333
Distribution		and administration		costs		(7,115)	(15,622)
Covenant	to	Charity				(7,650)	(36,711)
Profit for the period			and retained		profit carried forward	1,145
Net assets						1,146

					31.3.2022	31.3.2021
					E	E
Wages and	salaries				646,685	631,204
Social security costs					40,136	39,075
Other pension costs					13 737	12,409
					70O 333	682,688
The average	monthly	number of employees	during	the year was as follows:	31.3.2022	31.3.2021
					31	33

								Unrestricted	Restricted	Total	funds
								fund	funds
								E	E
	INCOME AND ENDOWMENTS			FROM
	Donations and legacies							1,020,545	148,664	1,169,209
	Other trading activities - CBN Resources					Ltd		?4,402			74,402
	Investment income							547			581
	Total							1,095,494	148,698	1,244,192
	EXPENDITURE ON
	Raising funds							37,766			37,766
	Charitable activities
	Humanitarian Aid	and	Promotion		of Christian		Religion	1,007,135	148,090	1,155,225
	Total							1,044,901	148,090	1,192,991
	NET INCOME/{EXPENDITURE)							50,593	608		51,201
	RECONCILIATION	OF	FUNDS
	Total funds brought		forward					30,086	131,609		161,695
	TOTAL FUNDS CARRIED FORWARD							80 679	132,217		212 896
14.	TANGIBLE FIXED ASSETS - GROUP
								Fixtures and	Computer
								fittings	equipment		Totals
								E	E		E
	COST
	At 1 April 2021							17,055	96,309		113,364
	Additions							17,970	21,556		39,526
	Disposals
	At 31 March 2022							35,025	117,865		152,890
	DEPRECIATION
	At 1 April 2021							8,469	82,508		90,977
	Charge for year							1,630	9,879		11,509
	Eliminated on disposal
	At 31 March 2022							10,099	92,387		102,486
	NET BOOK VALUE
	At 31 March 2022							24,926	25,478		50,404
	At 31 March 2021							8, 586	13,801		22,387

for th	e Year Ended 31 March 2022
14.	TANGIBLE FIXED ASSETS - continued	- CHARITY
			Fixtures and	Computer
			fittings	equipment	Totals
			E	E	E
	COST
	At 1 April 2021		1?,055	96,309	113,364
	Additions		16,721	21,556	38,277
	Disposals
	At 31 March 2022		33 776	117865	151,641
	DEPRECIATION
	At 1 April 2021		8,469	82,508	90,977
	Charge for year		1,526	9,879	11,405
	Eliminated on disposal
	At 31 March 2022		9,995	92,387	102,382
	NET BOOK VALUE
	At 31 March 2022		23,781	25,478	69 259
	At 31 March 2021		8 586	13,801	22,387
15.	FIXED ASSET INVESTMENTS - CHARITY
					Listed
					investments
					E
	MARKET VALUE
	At 1 April 2021 and 31 March 2022
	NET BOOK VALUE
	At 31 March 2022

		31.3.2022	31.3.2021
		E	E
GROUP -	Stocks	~395	2~42
CHARITY	—Stocks	~9	2~432

				31.3.2022	31.3,2021
				E	E
Other debtors				35,010	26,934
Prepayments	and accrued income			3,788	3,816
				38,798	30,750
DEBTORS:AMOUNTS		FALLING DUE WITHIN ONE YEAR - CHARITY
				31.3,2022	31.3.2021
				E	f.
Other debtors				42,694	31,300
Prepayments	and accrued income			3,788	3,816
				46,482	35,116
CREDITORS: AMOUNTS			FALLING DUE WITHIN ONE YEAR - GROUP
				31.3.2022	31.3.2021
				E	E
Trade creditors				33	2,463
Social security	and other taxes			12,833	13,869
Other creditors				1,898	1,110
Accruals and deferred			income	6,145	~8217
				20,909	25,659
CREDITORS: AMOUNTS			FALLING DUE WITHIN ONE YEAR - CHARITY
				31.3.2022	31.3.2021
				E	E
Trade creditors
Social security	and other taxes			12,568	11,870
Other creditors				211	208
Accruals and deferred			income	6,145	~8217
				~18 924	20,295

Minimum lease payments under non-cancellable operatin	g leases fall due as follows:
	31.3.2022	31.3.2021
	E	E,
Within one year	54,946	54,946
Between one and five years	164,400	178,246
In more than five years		41,100
	219,346	274 292

							Net movement
							in funds
						At 1.4.2021		At 31.3.2022
						E		E
Unrestricted funds
General fund						80,679	18,642	99,321
Restricted	funds
Restricted	fund	- Operation		Blessing		83,635	28,895	112,530
Restricted	fund	- Orphans	Promise			48,582	28,117	76,699
Restricted	fund	—Help Ukraine					140,375	140,375
						132217	197,388	329„604
TOTAL FUNDS						212,896	216,029	428,925
Net movement		in funds,	included		in the above are as follows:
						Incoming	Resources	Movement in
						resources	expended	funds
						E	E.	E
Unrestricted funds
General fund						1,054, '121	(1,035,479)	18,642
Restricted	funds
Restricted	fund	- Operation		Blessing		99,959	(71,064)	28,895
Restricted Restricted	fund fund	- Orphans Promise —Help Ukraine				115,405 145,429	(87,288) ~5,054)	28,117 140,375
						360,793	(163,406)	19?,387
TOTAL FUNDS						1,414,914	(1,198,885)	216,029
Comparatives for movement				in funds
							Net movement
							in funds
						At 1.4.2020		At 31.3.2021
						E		E
Unrestricted Funds
General fund						30,086	50,593	80,679
Restricted	Funds
Restricted Restricted	fund fund	- Operation Blessing - Orphans Promise				78,447 53,162	5,188 ~4,580)	83,635 48,582
						131,609	608	132 217
TOTAL FUNDS						161 695	51,201	212,896

for th	e Year Ended 31 March 2022	e Year Ended 31 March 2022	e Year Ended 31 March 2022	e Year Ended 31 March 2022	e Year Ended 31 March 2022
20.	MOVEMENT IN FUNDS - continued
	Comparative net		movement		in funds,	included	in the above		are as follows:
									Incoming		Resources		Movement in
									resources		expended		funds
									f.			E	E
	Unrestricted funds
	General fund								1,095,494		(1,044,901)		50,593
	Restricted	funds
	Restricted Restricted	fund fund	- Operation - Orphans		Blessing Promise				107,249 41 449			(102,061) (46,029)	5,188 ~4,580)
									148,698			(148,090)	51,201
	TOTAL FUNDS								1,244, 192		(1,)92,991)		51 201
	A current	year 12 months		and prior year 12 months				combined	position is as follows:
										Net	movement
												in funds
									At 1.4.2020				At 31,3,2022
									E				E
	Unrestricted funds
	General fund								30,086			69,235	99,321
	Restricted	funds
	Restricted	fund	- Operation		Blessing				78,447			34,083	112,530
	Restricted	fund	- Orphans		Promise				53,162			23,537	76,699
	Restricted	fund	—Help Ukraine									140,376	140,376
									131,609			197,995	329,604
	TOTAL FUNDS								161,695			267,230	428,925
	A current	year 12 months		and prior year 12 months				combined	net movement in	funds,		included	in the above are
	as follows:
									Incoming		Resources		Movement in
									resources		expended		funcls
									f			f.	f.
	Unrestricted funds
	General fund								2,149,615		(2,080,381)		69,234
	Restricted	funds
	Restricted	fund	- Operation		Blessing				207,207			(173,127)	34,080
	Restricted Restricted	fund - Orphans Promise fund - Help Ukraine							156,854 145 429		(133,317) ~5053)		23,537 140,376
									509,490		~311497)		197993
	TOTAL FUNDS								2,659,105		~2	391 878)	267 227