IaNGSWAY INTERNATIONAL CHRISTIAN CENTRE ANNUAL REPORT COMPRISING THE TRUSTEES REPORT AND CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 COMPANY NUMBER: 05036122 CHAIUTY NUMBER (ENGL4ND & WALES): 1102114 CHAIUTY NUMBER (SCQTLAND): SC048359 KINGSWAY INTERNATIONAL CHRISTIAN CENTRE TABLE OF CONTENTS Board c>f TrLlStees' RL'port............. Structure, ts(Jv¢rnAnce and Minagement..... Objectives %ttate¥ies ind Activitic (Jroup StrntLgic Rci)uri... .9-12 ALhieveni¢nts And Pei'fi)rnianLe............................. .. ...... . Financial RLVILW.................................. 10 FingnciAI Pi)licic8........................ iu-ii Plaiis fi'ir futui'e Pei'i()cl$.... FiniinciAI and Risks MAniiKcmcni ()bjccuvcs :Ind policics........................................ .12 l)lan f¢)r Ilie future ancl Gi>inbT Li)ncern............................................. 12.13 StatemLnt i>f the Hc)ard of Trusiecs, KL%pnnsibilities................................................... .1.3 Rcfcrcncc Lind Admini%irative Dciail¥........................................................ . .14klS IndepenclLnt Audit(Ir's Rep()rt 16-19 ('onsulidatcd statcnient ()f finaiicial ¥lCtivities................................................ ..20 Paretit chariliT Statement É)i- fin%ncial acuvitie%.. .21 Cc)n$c)lid2ted and parent cl)aritty l)alancc 8heers..... .22 Consc)hdatLd and patent charit!. stAtements of cgsh flnMT%...................................................... .23 Nute$ f(Irming pmri ()[ the financial gtat¢menib.................................-... .24-47 KINC"%1￿Ay INTF.RNATIC)N.4T. ('HKT8TIAN C.ENTKF. YEHr LtKle(131" 111grcLI 20 Board of Trustees, Report ThL TrustcL% irc plciscd to IitL'5Lnt their rep()It togLthLI Il'ith the auditld fin£Lncial strAtL"ments for the Kin￿.￿￿.9), Intern1¢ ti()nil ('liristiin Ccntre {KICQ C.hAriti' which incvrpurttes a Dit￿￿r%, Report a￿d StLate.￿C R¥pvLt as rLquired b!. compin!, law (Coinpani, RebrristLMtion No. 05036122, Ciurit!, R¢gisttatiotL o. ￿n￿aThd & IX alc 11021 14, ch21.ity RekFi4trarion Nr). .SccJtland SC048359) Ind its %uh$idia4' (the Gloup) for rhe twelve ttL()nths ¢n(l¢d 31 fvlatch 2022. ThL fllisuicial ststemeiits vg been Prep￿ed iii accur(laLiCe ￿P)[h dic a¢EuuiitiiiA pi)iicics Set i)ut In the ii()teS tt> the fiii#i)ci.118tatemenrs ancl c()tnpli with the C.hAritlT S klLhveniitL&P dLTrcuni¢nt, the Lonipaiiies Act 2U06, the C.hAritit8 ,Ict 21111, thi ("hAritiCS 2nd 'frustee In%'c'¥tm¢iit (%c(*tlatid} Act 2an5 aiid rekFulatii)iis 6 2£Ld 8 1)f the ChAriries .IcLI)LILIt$ 1SLOtland) RLyulation% 21l11(i las an)tn(Icdl aiid ALLouftrinx xnd RLporiin¥ b). ('liarities Statenient ut RLcominLrtIl¢LI PfaLliCC applicAI)le tu cl)Jrities i)r¢parinLT iacc()UllLS in accordance ivitli tlie Financial .%r#ndards ai)pli£%hle in tlic Ilji i)d RLpublic i)f lyel.lnd publi%hLd iii ()LLuber 2111C). Structure, Governance and Management LLg41 Structurc I'hL ()IMryitii$itinn 14 A Lhmrit￿I}1L Li>mpin¥ liniitcd bv hpuA￿￿tCL, iftC()rwirdtL(I cTrn 5 Februiiri. 21XM And rLNii¥r¢¥Ld is C.hAriiJ' un l(? Fcbrudnr 21K14. 'fhL I'tIl)IPAI)iy li*$ r8i#hlished uiider A MLniwer5 uf Ilic cliiiriijble ciiinpJn!P ￿lAd 1.5 KLJI'rrned Linder i15 Arii11¢5 ()f Asfi)riatii)n d4lted S flbmilry 21104 11 nd incisi rccenlly iipdated L)n 21 M41rch 21118. In th¢ Lieni uf thc c(ympiiny' being ii'i)Iind up the n)enil)eTh are re411ited to ¢()ntribut¢ an amouiit n(>t exceeLlins LIO. R¢'¢rnitment and Appointment of TThi8tec8 ThL I)irLLtI)rs (Trl- thL C()fiipAlli Afc 8lw) ('liarirv l-I'uxtec$ f()Y IhL' PLIYPI)8LS nf chi?tity laiv. AU TrustCC5 IPVL rhLir titsic frLLly And n<) 'frLlSt¢¢ rLcLivLd tLniLinLf.Iti(Jn in tli¢ I'Lar. DLrails ()f Triisi¢L%' cxi)¢n6¢% 2nd YL141tL(I pift.lll tt*n¥acii()n% ar¢ discl()¥cil in Llote 21 tts rh¢ fin2nciAI &iateinenrs. Ilndet the reqLlif£'ments i)f die mein1)Y￿1]dun1 llncl Articlc4 uf ,i¥sLICAauL)n, tlie Ti'u¥t¢LS ire ¢l¢clcd t(1 scn'e undLr priJ&tyAnime ()f ii)IliiikF rcurLniLI)t. At Lvery A(>NI i)iie-third lit Ihc crustets must iLtirL Crvm (Jffjce., thLv Lni), ()I'fLr t17Lm.%elve8 tiii. rt-2pp<)iiitlTiLI)t It thc AGb(. 'fhc Appoiiirmeiir 1n(l KcbLflll¢tit ()f 'fru.4teLs c(Trver£d iii the ArticlLS i>FIlssfl¢iatiiiti uiidLr cliiU5L5 ()1 t(1 71. Key Management Personnel 1'hL mi)re li&iditi(In'AI coipiTrrdle busines¥ Jnd finllnci#l ski115 Ate M'LII rL'ptcNtntcd nn the &)lltd. The dily-tn-da), mil niikTLmLnt ()E rhL LhAriti' is clelcmited tl) thL senioi Th1￿&￿nitI]I Tejm (SfvIT) whj'ch ci)nipii¥¢s piofe5Ii(InaLi frc>m 11 rekvant di51ii)line%. Mcirbers Lil. Il)e bhll. rept)rt varii)us1i' L(Tr tlie Bvaro unLI albl) ((* Ihe diflcrcnt suh- Ivimn)itt¥V4. LhArgtred ii'iih rLsp<>i15ihdAlv f(?r pJrtiLular Areas (Trf I>PLfiiuvn. The I"ru$iLc% 41re resp()nsihlL fi)r settin¥ thc PAY llnd remLiner&tii>ii uf the thdliL!r 5 keli mandgcmeiit perst)niicl. 'fhis is benchmarke£l agRin$t ni)t fur pr()fit and sirnilar f¢Ctors. 'I'he Trust¢¢¥ Arc ultimiltely respvn¥iblt for dir¢ctinx atL(I cuntrolling th¢ ('hAI'ltI,. The'fru4r¢es and the %enioi. T¢Ym are rhe ke}, mAnx4einent p¥rsunii¢l 06 tht ("haTItI'. Trustee Induction 2nd Ttaining Most t.rusiccs are famili1￿ r witli ilic MPurL-iii%s vf the cliurch nd Charlty being dtaulli from ltsng7_siandi4p Lhurch mc.mbcr% and (.-hri5uJn$ frum otlier dcnvmirtati()n5 th.At hai'e o skill bet tv oflet and an empathy uiiih our core ialLies. Nem. trustees are invitecl And eiicvurAgtd tL> Arreiid a 4crries of sliort traii)ii)E scs4i¢)n4 led b} the fl)wr of tliL. Bo8td Aiid the COO. Tliese c()iTet'. The ubligiitic)Iis uf TLliStees The niain dLTr¢unitnts iirhich set out the ()pcraiional framcwork for the Chiritsr including the Meniui?Thdum Articlc5 C)t 4 JilNCSIIAY INTF.RNA'flC)NAI.C.HRI8'nAN C.F.NTIiF. eRr EnLleLI IIA LllTrich 2022 R¢soLirces 2nd the ciiiJ'eLlt financial po%ition 2% SCI out in the latest publishe(l accoiints uNrc pl4?n% &1tLd objccrii"L9 An infL)rii)"Ition pack hos been prepared £lrJwiftg froin v'arii)u5 ChArit!, Lf)mmis5i0n pul)iic:Iui)1￿ 5igmposted (hrou&di thc C.i)mmissi()n's ￿laC 'ihe F85ential Trubtre this is glvtn to 2ll new Trusiecs ab)n% witli thc latebt financiil iiaiemcnts iincl Lllemornrtduni & Articles. 1ldditith1i5￿y, llll Tru51CC5 Arc cncuuifiknrd 10 attend trlinirtgi seniinits i)rt)iridLd bi extLniidl o)IkTranis1lti(In5. Related parties and co-opetation with other organisation$ Nune tsf tsur ttustees i'ec¥ii'eLI Lemuntr2tii)n ur uthel l)enefits fi'oin their wurk with the eharit5,. Niiie trustee% of the chATifi' g7ai'e Ni)lui)tx¥!' (IvnRti()tts totalbng £,J¥S,6?5 t() the chatrit!, in the !'exr121121-. Nine ttrusrees- £.51,151J). TIIC Ll)Arity' Inadc purLliases ot L'2,577 {2021'.£13,45.?) fri)IM C.tries TeClinolo￿, l.imited in tl)e I'car for Il, setviLe5. Ceries Technri1()￿ry. l.iiThit¢d its'a L(Iiiii)an!J LL>nirr)Iled hy'fni£tLt and DirLLti>r Nlasirjmi Anuive. Tl)e aiii¢Junt ￿￿'Ing LU Ceries Tethnol()kry, Liinitrd at !rJr-cna LNil (?1)21.' £Nill. Corporate Governance Tiie full BL)ArLI hf>lcl% 4 sclie(lulL(I In('.¢tiiigs per annum witli Ad(litional ineLtiilLF% lielLI ￿,[ILl] tLxJuirLLI. IX,'l)ilbt reraii)in% IL% re8pc>n¥ibiliries l(Ir Ih¢ tsi'LTAII 5tratLkry' An(1 p(JliLies i>[ rlie church, the Trusteets dele¥#te IhL dd)'_i(J-J4Y nianJKemeni ti) thc (.'hiLI Exerutii'c ()I-tIL.Lr- Dr Dip) ()luyiinii llna thi. SLniur hlanaxcinent TeAIii. 'rhe 'fi'Ll%t¢¢% hRI'e set sub-Cf)mmittee% for I"Inaftce & Aiidir, Pmp¢rty, Human Ke%oLirces, L(ILniniinications f1rk¢tynh', ' i'¢nts & CuininLini(1' ￿tll as the Lhairman'% Sp¢ci21 Acti()ii L()miniiree IL) Lleal with ipecific matre¢4. These 4ub-comrniti¢e8 ar¢ resp<)n%ible for en$urinx tli¢ efE¢c¢ii'enes$ OE the internal conirul%. Organl8atlonal Structute of the Charity JI 11iLT￿tLI)IL￿I rcpottinkp srNLture IIAS I)Leii Lstdblislied wliiLli pr()iiidL% fur A do>LUniLI)t¢d And Audital)le trill tif acc()untabilii}'. Tiiese i)r()Lcdurcs iirc reltvani Acruss all (11)eraLl<)n.s And i)r¢)viclc flir suiic%sive lei'clb uf ..iuthvriiy L() be hTrivcii kil hixliLr leve15 (Jf Inthna.¥LinLnt'.Ind fin￿1]V LcTr tht Tru5tccs. MinaK¢inent r¢i>i)rt L￿N￿larI)F t() thc'l'ru5Lccs 1)n their alsessment v( risks 411id livll thev are nianaxed, ei)llhlirtsF ihe Tr￿￿tte¥ tts rel'iew k¢!. ri.4kg inlierent ih thL VI￿niS￿u¢l￿, and thc 4}'stem uFc()ntrol neLf%%2n' r(J manage such ri%k%. Thc .SMI' rLP(Itt ti) the bctiircl (Trii %ig41ificthiit chAiikr¥ in the bu.sineii Iiiia Ihe ext¢m'J] ¢'nviri)nm¥ni thilt affect ri5kn. The Dite.ctrn' lif I'inanie #ind C.(TrnipliJJicL prr)videi ihL 141)attl 4.ith perindic fuuncid inlArJ and yininx th¢ii' appr(Ival. A C.r)nipxn! .Mtnibct mThY be re1￿Ul.cd by a 750/0 mAjvriti' o(Trustecs l'uting ar ¥ BuArd ille¢tingi vr if l)t f)t re8¥es ti) he A TnL%tLL. KtNCISIVAY INTF.RNATIC)NAI_I".HRISTIAN C".b.NTKF. Year F'n(lecl .Il%l IllRrcli2022 C.onipany l.aw, Members comprise th¢ Trustee5. the Senior 5tiir up il) 4 uiher individu21s'.Ippciinted eAch Year t A mc¢ting oEthe Church I￿￿ders. The S¢niLir PJsti)r is the 5Pilltudl ViSAL)nJty and leader i)(the Ch￿rIry, aiid rnAy II t any time withdra￿ And ni)niinate a 8ucc¢s8DI' to be PP(Ilnted bj the B<)grd. The Church L￿derS irLclu(le all Pgst(Ir8, hlini8tcr5, Dcac(Ins Ind nthcr persnng that the C.harit} recngftisc's As leAders t)f its church. All vutes'art decided uii a shvw c?f liands, ilie chaim)an hal'ing addityvnal casting i"cp¢e in rlie Lvciir uf equalitv. KICC has the folluiiqnuA subsidi&iies' KIC.C. (.i)nfcrLncL$ l.rd- hthcllL5 thc crTrninJcrcial trAdin% 1Cfil'lti¥Y dLltirhg C.liri5tiarL C()ftEetencoq' KICC Buuksiore l.td - a donnJnL Lunipany. Drelliiiissibi J.Id - a duriiiani cvinpanv, Ki('c'rv i.td - a durmant C11ri5tian TV ci)IY)IYAni'. and KIC.C. l.td a dotniant crJmpanJ'. Staff and volunteet8 ThL It&)Tl, C(Jmmimicnt lind yki]Is nf our stAff atld i'ulunteer9 1re it tLIL. hLart iJ£ vur owAnisiition. Incutning staff Atrcnd x full in£luctic)n prngroinine includin￿r familiarisatiun ivith OUL variou% policits ancl procedures ¥uch as OUT HrAlth %nd.Saf¢ti- l)()lici,. Snm¢ (If ctriir lon&y.%tanL4ink? %raff lid iri?liinteers haire ivnrkLLI with u5 far cDn5iilerxhle pcrir)c15 Cl)iitributin% ini'aluRble urne anL4 gkills. nor rn mention institutil)nRI memory,, tt) the L)r￿7%￿lS￿ti0n. Kl('(' al$i) stri)nki viilunteei suppi>rt. As Pilrt (>f thr C.hri%tiéin L.thi).4 I)f "thr Giviiw i)f Timc an(I'falent.5' we 8Te plea%ed that n)any (iliiur m¢m1￿-Th i'iiluiitccr t() help in au the dilE¢r¢nt :Lr¢ii% i)f ()Lir c()nimurLity nutreach Pr(1￿mMMLS. W¢ hav¢ 2PI)t()Xilllltely 6Tr11'oliinteeT% ivhf) wurk an Ai'eraw- of 6 hoiir$ pe.r ￿'eek. This eLILl•t¢% tu $ome11r7,2(10 man- hoLif% p¢r annu1￿. If i)iir applie5 the nAri(In81 livin¥ If()r ovcj. 21-IieaT-uld81 ()f L8.(J I pcr h(>ur' the cabh iralue tij Iht ch:Irity of the VLiluni¢ei furce li Sume £',I,l)(>7,952 per *rtnum. KINCISI￿.AY INTF.RNATIC)NAL r.HRlS'fiAN f.F.NTKF. Year fdnile(131$1 LIIALrli 21122 Objects and Alms ThL ni'Jin piirpii%e t(Ir w￿.Ch th¢ Charity 18 e%iibli4hecl i% the ￿vinCen]e￿I {)[ the Chri%iiAii relik?i()Ji. 1'he iiari'81iN¢ in thc f()un￿'in% p4ycs cl¢Mil how the aims #nd ¢)bjccts are Cl￿rIed out f()r thL pub]iL benefit. The Charity's Public Benefft Tlie Tru%tLLS hai-e l)Ad rLkFArd ro tlie Ch%Tjn' C.()mniiqsioii's Guidaiice on the AdvanLLinent of Rel￿vIoli tur tlie Public Benefit in prepArirL% tlie"frusr¥e*' RLTr)rt inil tliL following pa%e& (If Ilie repnrr 8hi)M' in snmL Lletail li0￿7 tliis liAs been Lliicved. In sun)niary thL'I IustLC5 ￿lL plt'.L8cd ti) rLI)i)rt (pur h£1(IlinL aciiVitiCS as E(Illnws.' Wc provide and niaint￿tL bLiiidinKb fnr C.hri¥tiafL church SLfi'icLS Jt 15 g1121- 19 Uk l()c&tion$, t112inlv in thc Cjrcitcr .()nd()n xi.ei incl iJs() includin% Cambiidbie. l_utvr4 ()kfrJi.d and IX.'(Jlirerhamptun, Mani. venues liave additii)nal meetin¥ r(x)Ins for teachin￿ children ind I'()ung pe()pl¢. W¢ rftis¢ 2war¢ntss %iid undcrs¢AtidiiiK￿ t)f tl)L f.liri8tiAn faitl) l)). i'arinus m¢an% including pr(x4ucin% reliwous books. r.D's ￿nd DIT)'% a1)a Il)rouK.h IKI¢I" TV. W'c alsi? prvinvte tlie %tud!' (It" rLI1￿JuS tcaLliiiig5 and praLtice% wirl) riijub C'(Int¢r¢iices. ()ur 5-diiy Iiitcrn8tiuThxl (yArhering (Jl C'hHiiipii)iis (IC'C)C'j Lcint¢reiice, li¢ld in illi￿15t 211?1. -411 tlliinly a virrnal c(TrnFLrcncL (IUL t() C,nirid- l() and tYdi'Lllin.4t rLhtriction8 and it #t￿.IrtL￿ thousRntl% (Jf PLc>pIL iewinx and pnrticipqtin¥ unline Erom varinu% countries. As P4lrt c)f theii. p1è10rJl i'eniii ()ur hlinisi¢r¥ Jnd P:LStor5 10(Ik Alicr the %PAritU411 ￿'tIl￿tin￿l i)l- lh¢ nicniber% and IllILrLntb ilt the lli.'iui chiirch. l)rdnclie¥ '.InLI Lh)pel$ ¥,IiiLII iLicludes Ihc rc.¥wliir Lc>ndLict lif cliristenijix cer¢nJnnic¥. miirriilkPLS Aiid ILilleTal%. 8¢tLIn￿ lit￿. fi)lliTrivers Iir Hdhei'en14 l)Lir F.vink?rbsni T¢'om rLkTriilJrly kvii (iut r(} prL?ch thl (JliSl)el iii a vJrirrv i)f Iijciriuns inclLiLlin% 8rre¢t% 2nil siii)ppin% centres. 'fiii.4 inL5sinniri' 1L ncl L)iJtTeieh w¢)rk includes ￿'¢If1r¢, iii¥itinx the .%ick And th()¥e in pris(JL15 InLI h()bi)itil. ( )th¢r cultural Xlid c<)11)Iniinitl' KCtiviti¢% inclLiile a Ic&FAI cuuiisellinx seri'ice AnLI 1 free telephone hell), adi'ic¢ artLI prA!icr line. All Kl("("'s ALiiviries irL Aiiqilal)Ic i.L) LhYi8tiaiis xi)d iiiJn-('lii'isuaii%, menil)etS alid i)c>n-memb¢rs ib-kL,' there 111) bar artti)(1.1iic¢. Tiie widLf Ci)nimLlI)itv hive l)Len i)arricLIIThL.ly Attl'ilLted ti) Kl("("% %LfvjLt% LelebiatiiiMF tr:iJitii)Lial ("hriqrian le8tiI'Als incliidinhF I'￿$t.¢[, ("hri%tnii8 Thnd Nc￿,.yclr & l.'vc JY'itch-Nikyht) ¥L'Th-iccs. 1ThL fi>ll(bM'inKr rLi>i)rt L()vLrs (>UY Ictii'itiL4 in nii)tL dLrail. Communlty Actlvltlesl Publlc Beneflt Overview Inthli' vitsits r() Penronipillr ¢oiitiiiuecl iu be on hDlcl f()t tlie first part i)f tlie I'e.2r iinril C.C)I'lD- 19 TLStriffj(111S WLfL litte.Il, rh¢ iiionthl5J Visits rL'LI)niiii¢nLLJ on 17,,, Clcrobvr 2U21 an<4 wLr¢' I'irv well nLLiireLI. BeftiendinK Mini$try {incliidin¥ io the Homele88) '.vtiry nii)nil). c>ur befrieiiiliiim tLpinis vi8itLcI ihe h()rYiLless in Walthinisic)w ind KLnt, ii.here mitning ci)fiLL befi'iLn(lllig mecuiikty M'CfL hlld ,,Ind m¢als w¢rL PLL'P'irc¢l dJi(l &riveLI tth thr rt¥iclcn15. r.Iirihcrm()LL, ()Ut tcKm% vi8ited cAre hiimc% in tlie kLiit &lLid .S1)uih P.a¥t Arell5 1)f tht Ul< ￿,hC'r¢. we l)Yfriended iht tlilerly re5idLiitS tht(iusih SLing n)i111stri' and cncolira￿rinX tliein. Noah's Ark Food Bank Nuiili'5 Ark r'uL)d Bank (NAfB) has hccii rui)iiinx fi)r 6 ye£irs. It pruN'idcs pri)vi%ii)n% Aiid ()ther cssenti:Il8 t() LJiLr fuT th¢ needs uf Lhurih in¢inhers And tv J btrrL:Ilcr cxi.Llll lu ILIC141 Ll)Ininunitics in lJ)nd()ft IKen(. Iln averJ%c of 393 tccipients le()mprisingp in(liYidJJls Jnd ljniiliesl benefiLed CrL>ni tliis ini111llVL tiery nii)ndi. The Fuud Bank provided me'll8 t() dis%idviiiLq.£ed cliiiarLn in Brellkl&2St Clubs iii iii tlie Kent Area duri￿ thv b(h￿)I liuiida!TS. 'rhe rJl)ei14 U()l15 ()* the NIIFB ijiclude N<11*1)'s ArL Cares ALid Conimuiiits, kn'tch¢n. SitLLL thL plndtniic, ￿'ti incrLiiSLd thL nunibLr i)f fr)(Ml baxs (listributcd, ￿1th 4LYcral thi)Iisind mca18 bLin4 Kivcn in IhL pAst ycar. KINC'SIYJ'AY INTF.RNATIC)NAI.r.HKl8'fIAN C.F.NTKF. Year I:rKl#l 3151 li IqtcLI 2022 l£gal CouDsellillg Rwilar sa￿ra1}. counselling sfssions were held LO aSSi>t aii}'one needillg￿ ltrwAI ￿aITic¢ or support in including iii)niigrati(?n, ¢inpli)}'Iment, and lan)ily amvng ()ther&. Career Counselling RrMniL1r nionthlF wi)ILshops and coLin8ellinh? S￿r￿CtIC￿ were run. wliicl) an)c)ng othcr thiiig5, hflped with CIW ￿T￿ttIng jiid inii)rLivin.q iiitcTri¢u' skills. Hope-Llne Telephone ServAce Hui)L-l.inL depariinent (TrtTeted a d￿11}, free telei)hvne service tu Ani, i&ller. Tlie supi)ort reqUes￿d callers wus mf)s¢l!, f()r cvunsdh.ng arKl/uK ptayer. About 6511 calls a month are hlndled. Pastor4m-Call 'rhc l).A%r(TrL-()tIC.All S¢)wice kuve tht i>ppi)rtuniti' f()r ftnviine ti) C211 and spcftk ty) i)nL (If ¢)Lir pasr(Ir¥ t)t niini4r¢ry i>n Pl'Ls$in%/wLi%hty' n11tter4 and/c)r tri nixkL An,Ipp(iinrmcnt ti)I fAcL-tn-tIlCL C()un$Liiin.4 $C'Sql¢>t)s. Pre-marital and Marital Coun$elling Ilibiically basul 8LlI'icv and %t)ILirJ()n.% were ()Ifrred tt> in¢mb¢r% i)n an App(Jinrmenr ba%i4. The attendee¥ weit mide t() Iinilersthml thii t qll cuurts¢lling ¥iiyen wis In cunsonancL wirh rhe rTLilii$tr) s beliLft anil biblic¢11 aclherencl. SoLiul MLdia Proyer ond Coiin8ellin¥ Acce88 Thi¥ n)ini¥rrv hii incrL1SLcN)n cliuich .%LriFiCL8 And p¥o¥rrxmmr%. 'fherr Are .5 weekdai. m()I'ninx meeiinxs i)nlin¢ ¢Y¢n' week iii a(ILlitii>n to soine evenin¥ ineetings incluLlinMTr Viir reh7ulAr iMid-Ive¢k meerinky ancl ()f CnLlt%e, niir rckiular Sundfii. (IAI'ume aiiil ei'¢iiing %eri'ic¢b. Q)ut aLILlienLe gtoii'tli friim acros5 thL w¢irld bLLn #niaxiiikn l)ut Lii mi)re inip(ITrantli', ha% bLen tlie ci)niE()rt onLI h¢)pL tlIL'I' hAV¢ teceii'cd. W'itli tliL Lasing ot tliL IoLkdoii'ii resfTiLL1LTrllS il) Ihr IJK, i)ur ￿tr¢*m111￿￿ sin?iL¢s c(Iiitinue, ii-inby tli()u&ands Ihe <)i)i)uriuftiii li) rcLeive prayer and tstl)er sui)i)¢Jri. LU ¢IILS IIIiLliStry lia4 hccn tlin)w41i dll i)ur s1)ciJl IiiLdia LIIAllDel.%, as well J5 LhL c.liurch'% IlTLI)sitL &ind app. Chri8im#s Hamper Challtn%e 'rhL ('.liri4tn)'Js H.Impcr C.hallLtlkFL, ￿.hiCh h¢iS l7een Tuiinink., fi)f SLI'LrAI ve1rs, ￿ve i)Ui' chLir¢h meinl)L15 thL (Trppi irtunity t<) pkrrner t(>%ethei' Milth f)Lll C()Lf(Trf21 tL Iltfice ti7 pri?vi(Ic 1112.5 hamp¢rR f¢) rlisadviiitll.¥7ed faniilici at ("htistniA4. ( )VLT rnVC>-thirili ¢)f thL hattipLfs I￿£1'L (li*tribtstLII in thc KLnt ArLI, Llthcr ditLttI)' ri) thL$e f,.IniiliLs (Ir rhrou¥h & nunibL'I' oFchAritlL% In the K('nt ArLa who ciJllLLILd thc h.IIIIPCI8 fri>ni u$ and di6ttiburLd thLni. 'fhc othLt thiril of the wcre dibtribiited in the I￿ni{￿N Atva. 'Chrisimd8 Unwrappcd, Carol Concert and Service (at Prayer City) Thi5 C.lirisunas Li-ent Ki'as initiated in DeLL'inber tlirL'¥ l'ears #nd SLt t(? lioild *nnu&lli,. Tlie ('hrist111RS r,ar()I ConLert iwa¥ hclLI ()n 12TlI Deccinber 2U21 A.%'an in-peThtin cveni. li was aii¢ndeLI hv 655 prcJi?le. The i)nline dULlience IivL ¥iewLr5hip ivab uvvr 900. IiJNC.SKVA Y IN"rp.RNATtC)N.41_C.HRISTIAN C.F.NTKF. Year Enclc(13151 htnrcli 2022 Bteaking EducatiODO1 Barrlus Br¢akJ'ng EdLIC2ti1)nil Bartiers (BF.B) is th¢ h¢*(llinLY ti) a set (Jf Lduc11 tional iniriatlVL"5 thAt hai'L b¢¢n ruiininkTr fi>r 5CI-Ltd vLar% nciw. It or￿nn1￿¢S tiii)s ro OKbild￿r collL4FL% Fur youn.g i)LoplL (piipils ind Yisii% 7 ancl 8 studLnts) with the ekpress pu4)Ofe of XiViLig them I taste arid feel nf wh9t is acad•nic211}' p055ible to achieve. Bl,'b'5 wvrk oFten culminites in 8 conference wliere speiker8 fr<)m ()xFcJrd UnTriTersiry', other emiii¢rit p¢rsnn% llnd ()Nhridb¢ aluinni (wlio ?re meLnlier% ()E l%lC.Q spexk i)ii ipAriou% siibjeif8 includinR tlie Adn)is5ioiis prnce8se8, CuriLlirJg, anLI e£luL?tic)nAI experieiiies as u'ell a5 w,h}' stLKlc.nt% .qlii)uld aspire to gLt into tliese unii'erxiiiLs. Visits Att also 4rrxftg>ed to L)xfurd Llnii'erbit!.. Youth Monthly Meetlngs *t H(Je Stteet (org2nised by KICC Roya18) 'rhrsc mccunKTS l(Icused i)n reacliiiiK 41)d Lii¥T#%Jnh. thL lJi)iiili in uur Lunirnuiiiucs. parT.iculJrlv Ihi)%c in l.ond()n ts) pre%cnr tl)em with a morc purposeful 2ppr¢J?I ch t() life. The meetin%5 were i mix uf fu()d, fun, del)ates %ftd hible $rudi'. Don#iion6 to EmetgenLy Relief and In1¢rn4tion41 Mini8trie6 Kl('(.' as a miiu4trv I'e%p)Jided ro l()cal and intetnari(Jnal emeLxencie.% i)ier rhe yeArs. ThL%L d(hnilU(j￿ have bLen Lithei fJn*inLial (ti) A 5peciliL AI)l)Liil funLI) iir in kind, particiilarli. ovrtrrdb Iiipitli ((x)cl c(Trmmc)ditiL¥. Llc)thing. Ind niL£ltcal seryiLLY thri)u¥h te:tm$ (ri)ni bJL(.'s m¢diLiII pn)(¢¥sii>nAI comrn(iiiiI￿). Addltlonol io the*e Il¥ted above* we pirJdLlC¢(I l& L1d ptomoted tell￿￿(>11* b()uk4. Ml).3¥lMI)48 and LD8 f(It Llisiribvuon ihTL]ukth uur sen'iccs. Thri)u%l? of l.xcellence IKLI,.) w¢ proinor¢d rh¢ studi. uf ('hTl¥ti8n tei¢hinbvs, PfACticeN and scriptures. 'e ii%vd thv Inv(liiiin nE pcrF()i'ining art% r(} pri)17)¢)te C.hriiiian narraiii'ex Ancl Lli)ctrines, ()Lir Xpr¢%%i(hns Dtxtr) Jrnup pertc)riiKxl rrwlArl!' ar i)ur %Lrvice$ ii)Ll COn￿.rences. We RISL) licld tlLtlicAtL'LI mubiCSLI PLrfi)rmAncL's bi. Ainateur Anil i)roEessii)i)Al l.'liri%iiaii n)usician4 alik¢. We 8tren￿llen the coinmunity We ci)Iinsel cin the inii71)rtiincc (jf 8tri)nx Cqmilics bll%ed i)rt (Jl)dli'/liibiical ptincii?les We 1]￿lVc InJdL 8i£eahle dtinjiivns t() IharitlLS iliai inJke difference in PLI)pIL'b IiN'cs X e 2dvi)Cltt LuntinuiTig s¢lf-dLipelopment and busiiiess ente￿rist thri)u81) seminnr %L4sion$ and praLtlLal WL Lncc>iiraKe hnme ctrmmersliip, ii.hich tL.duces reb.lncc ()n ¥()ciil ht)usi W'¢ t¢&ch thl vRlue of i'iJrirLg And sociNI ￿SPI)n81blI1ry' We add to the local eLvnomy WL li)Liil f)r,qanisatifin M'ith i multi-millic)n pt)und rLirni)I'cr Vc t2re I IIic&il eniployeL.:ILid Al¥(Tr use m.In}' IciLAI.ILiciIL14' 5erK'ices 'e tiin R nLimbei' DFcunip¢rttiun5 Anil vxhiliitir)n¥ that￿nti*tr incoinr for local bii%inesses, kntel$, re%t*iitAnt8. and %hiTrPS KICC brin%5 traditionAI ￿alli¥s, stron% ci)nimuftitics. emplvi'nicnt opporrunitiC5, locAI invcsttncnt and 8.IfLr neighbourliuvds. Ik]N(',S1￿'Ay INTF.RNA'fic)N.4L (".HRISTIAN C.F.NTRE Yexr EnLlul 31￿ Il5ltili 2022 Our Outteach wotk WiThiiing Wa¥s is a ￿￿1￿1 Ki(.'L OLTtrtftcli progrxmme tliat encompa%ses borh priIir and electronic niLdiA, incluLling r#dici, televibivn anLI internet streRJning. QJOCI lias appoiftted klcc ￿'It￿l a lioli. mAndxte to ¢eAcli a diyng iirorli4 ￿'it]i the living Word. Thr()ugh oiir intcrnational relei'iNirJn Jnd tadio tninistL}' Winning W'ays, KILL bi'corn¢ 2 cliurch ￿'lIhuut walls, t&￿'ng the go%i)el tn Fdurope, Afric2, rh¢ (.aribbean, the USA, ASIA and the Middl¢ East. Th¢ usc vf externa] br02LIcA5r companies inclLide¥ both secLIIg1' 2$ well as Chri$tiAn Yadio and TV stations. The television mir￿S[rI, touches tnillion5 ()[ peui)l¢'b lii'es u'ith lis piacucal, down-to-extth, huini>r()us, I'er l)il)Iic2111' bascd appri)och tu sliating clie Wiird. Ovtr 340 inillii?n pe()ple acr()ss tlie gli)bt cali u'atcli tl)e PfuRrninmL. Tlii5 Inean.% -e t()uLhing EurupL tur Jesus, bringring a message of liopt, lieAlingT. 5dli'auoii Ancl dclii'erancc. l¥lCV4 coininitment is 10 use titnel). Leclino1o￿, f¢)r Llie tiiMele&s IruLh. TvdaJ'& ¢liii)kFingr (iints h#Kt upentd ui) b.urL>I)e to 5tr1L Ilgc tc]iwon% iiid pTru'lusupliics, pi'eporing. pLy)ple lur * (yud- less eteriiity. su there is nu belter utn¢ ts) l&ke uli¥ m¢8S.'IbYt tu this 'mLS%-.IK?L' than i)¢)w. Fundraising 8¢tivitieB 'Thg5wa!, Intcrn41ti0nal C.liri5rian (.¢nrri h%LVL fLknLd on bL'nLfiicr()1'% sincL thL C¥L%LtiOD of th¥ cli#rity. Mo¥t fund% are rai%L(I from thns¢ with whom ￿.¢ hAve cl()se rrlau()n%hip.%. ryTJicf4Uy tliroub￿h ilieir id tr¢ndAn¢e as iinr4hippeis at Olie c)f Iiiir chiii'cliLI. WiLl¢r rirck8 uf relAti<)nshipi are maintained thrnu%h Oilr webbites, t¢lei'ision hrr)2dcA8rN And sociil Inc(lia page%, all ()( which Mill. inclLide invirRtinn% (l()nat¢. C()nt?cr relarir)iisliii) IlArA and Lll)n2rin￿S Llara tc manfLgi¢d c¢nrialli' rhr(ILi¥h 2 highl!J %¥¢ure LlatAbAse ivith acceis r¢*trJct¢il t(? a ¥inall nLiinl?er ()f ¢mplL)I'¢e5. Wc fundraist in *CLDrdance urytli tlie requirenients of tlie Fuiidtwsinx Regulator, 4nd ￿'It1] our IllQTdl obliwatioi)b as ch1Yilv. WYC fiin(Ir41iSC fLiprinsibly qt All tinics iin(l i¥ith a $ensitii'ity t() thc. PA¥tricql ¥cl)rinn51iip thilt mi)%t Il()n¢>r8 havL 'ith thc Lliurch. Wc I'uid appr()ach¢% tt) iiilnctablc PLyipIL ind dc) nc)r Ii()Id inforniAtif)n on childrcn. ACCLSS to thL s¢nric¢s we pr()wide as a chirit). is nf)t dcpenilvni i)n Il(Jnati(Jni. W'e dc) n(Jt li tlii4 tiin¢ ¢inplvi' thiid-i?aLtI' fLmdraisers, thuu¥h soine pe()pl¢ InAI' V()luniArilsp and of Iheir own iniriative ELLI￿lA1￿e (Fll ULIT b¢hxlf. Ftee L?h5cripti(111S t() ci)mmunicati()ns can be anttlled it aiiv uine. (AJmplAint4 ate r¢qp(Inded t() 28 pi)sbible. Nu Slich CLimpl2int wx% received in thc >'eRr. KINC"SIVAY INTP.RNATIC)N.IT_ (".HRISTIAN C.'P.NTRF. Year [t￿e(l31. NIRrrh Strategic Report A¢hievem8nts and Perfonnanco ()UL Till&￿t% f(Jr 21121 2V22 wLrL'. Tu continue to holcl thrt* Aroiii (Jry, venue xrnl ￿ klditi()n ttvo ser4pic¢5 #1 our orlier Liiain thurch lin ilthi& r1istl)￿,, Loiidunl eNeL} .%uiidJv to meet the Lieei (Jur nati(Inai anil iiiietn•ltic>nJ] JLicli¢ncc. CL TV o)nunues to be A pipeline that ttaclie% an audienc¢ of niilli()iis acro%5 the gli)l?e sfttellite rransiiii55ions ()i-er Li uri)pe, Afric2 ai)Ll part%- tjl tlie MiddlL F,'2St reqchinkp abour 14() niilli()n TV hi)mes. t.. aim to f¢'lLI) over I,OOIl fAiniliLS Ii'irl) our Lliristmas HAiiiper uutrLaLh ￿.￿rk DeL¢mlier. We #re ple*sed 10 repvrL that ihe abui'c lias been acliicved auting the y¢ir. Notable activideB during tlie ycdf Tiie Intern'AiionJl (jilththi￿ of Lh¢inipioiis IIGI )(-.) Is a InElj(Ir Llii'i5li4irA ¢c)nveiition '.Ind hLILI I'irttillll}' And in person for 5 clu>.5 in Aii&Trubi. It iN'.1s alteithed bi an dl'eriige L?f4U(I d¢lr&piltry per d4y with An'.li'LrthsF {)[ 111.IAJO per dxi. nnlinl. Th¢ exrenr (>f tlie conFir¢nce ￿.¢.￿1 bL￿,￿n(l the Atrencle14. bLinb.bt()AilcAston KILL n, T¢xchiii ciiir tc) millic)ns i)f people. l)(ksitiYe re8wns¢% lirLie ￿.¢ll rec¢iieL4 frf>m rhese i'iLver%. 'innin¥ l¥omen intern%riiinal fr>ut-dii! innual coni'¢no(Jn, (')i'¢r 2,OOfl iv()Inen ati¢nÉlcLI tlie series 1)E rCAchin￿ and lif¢-skill c(Jxcliin¥ b•sed on l)il?lical priiiciple%. ,l¥ain, thi$ conNenu(In wa4 hrc)AdcR$t KILC. Thl 15 rL:IchJ'iix nut LU Tntuiuni lif p¢oplc. C)ur Y()unx Adult8 Kruup was tL-IiiiinchLd i'L-ndnicd 'ThL R(Js'A]5" Monthly nicL'tinKs arL litld in b(Jth l.ondon and li¢nt Teachinbi uiit anLI ¢mpow¢iinx yt)un% adult% in tlir arei ir)¢luding l()cal unii'ersitl¢5. lJrL'Aking ￿lU¢￿tl()I]Ill Bxrrier& IBEB) i?ruxJMinnie c()iititiueLI ii) partn¢tihip wirh bt Anne's C.olltbye, OxlutLI, tu & eciuip pe(Iple fti)ni £thLIiL 111d it)nir-Lity fAmilie$ tl) %ULLt$sfuily llpply tl)L' ()xbrid%e UiuveL'%ltI' pl2c¢i. ()ur ("hapels f¢nd tJTAnche4 en Ablr t)ui ¥crvice4 to bc airai1sLI)le i() a wider ci)J))mullit!.. Th¢ 15 BrAnch l.'hiirchc% And C.'hai?cl% l)Ai'e full I)rL}h￿rIlMIne% ¢bf Lvents includingF Summer BB(2's, H¢alth C'hLcks &nd Bubiness scminars. CCTV klC.C. laiinLI)ed l%lCC.'Th' in CILltibcr 2007. Tl)is I)p¢raii()11 IS I)8rl ul'uur evan¥elistii i)uirLaLI) And is idcal VLhiLle ti) reach a diver%t AudieAc¢ with our m¢¥¥ag¢ of hi)pe. KIL(. I'l, re.Iche$ n(> les% iliAii 240 n)ilbon I'ir hr)n)e8 ALf(185 Llk. Lrclartd, FJUTI)PL. AfricJ,'.Ind p',IrtS f)f ihc Middk. Ea51. Kt(.'L TV i¥ nc)M' &vai]able iiii thicv I￿L{lU)s￿ SAId￿'te plJit(brn Eurobitd l.%ky i)Iiltft>rm), Hrit iliid fitid Int¢l%at 11). In the UI￿ Irelanil, KILL Tll 1% airAilable tlirouLili .%ki' tLlevision pbrfrjttti. nfEvriii&r a itast r2iikT¥ of SLfi'iLes ro oi'er l).2 millic)n.sub>¢ribets in tlue LIK al<)ne. The HUL ljird fleet ut. Ihree $8telliLC5 IILcupies P.urL)pe'ti pre.niiuin L>rbitAI slt)i (>t 13 dexrccs P.a5t', and i¥ Iltsc rcgi(Trn's nuniher I plLtLfoYm for fre¢ iu air televisiun chann¢lb. C(Ji'eriii¥ btslh IW'LSI And F.asterii F.iirvpe. it is Alsu p()pular in hi)mc5.Icruss die hLiddle Fi￿t &nd Nonh Africa. The Inielba(-IU ¥&tellii¢ CLbvers uver IU miilivnThl huines in Sub- Sah>La AEricA. Tli¥be Iliree plailvnns CL)Tnbiii¥d eiisure il)Jt klC.C.' Tll is in ilie bcst Pi).55iblc P051tiun to reich ￿cr￿$S the IJK. .uri)PL, Middle L1St, aLid AfriLa. KlC.c 'rv is llltiovative. distiiicui'c, upliftii)&, Ind mutivAiiuiiJl. I￿1Cc Th,, pr()vidi8 A f2tithstic taiige %)Eprogtramm¢% suitable Foi the etitire family. Ik1NC;SI￿Ay INTP'RNATIC)N.41. ('.HRISTT C.F.NTKE Year EttclcLI.Ilsl ￿l￿1£h J122 Financlal Review Tlie eliaritable gryoup reiorLle(I ￿ oper2ting.4iitpliis Eor the year of L"IC),-34() {2(121.. %urplii$ £.160.83.5). KIC.f. iiianageinent have impleiiient¥d robust bUdge￿ry Lonttols and Lonunue to moiiitor costs in an effoti to deliK'eT balii nced bud%et in th¢ Euturt. In terixs of perfuLinance, InxnaKitmerLr h15 Oiltlined $017Je tatmrts on pnxe 9 of thi% rcp)rt. Inconilng Resources_ the tliral inc()niL lor tht tiiFelve mc)iiih% uiider rt&iew M'as £,6.419,222 (2021.. £,6.725.2591. 'rhis r¢pr¢8ents A 4.250/0 IlecreJ&L on la%t I'L'aVs oi'erall inconie. lrtcuiD¥ Irun) tythes, otferiiikTrs &nd dLbndti(Iiis rLprL%Lnt ¢)51)/n1211?1.. 89Q/,,) of thc tc)tal i￿r)niC. ThcrL ,i11.89V/o inci'iqs¢ in diL incun)L. Ilufti tithLS. vffL'rJn￿ incl d()S¥lll(Jns Lomiy41TLJ to the i)rLITrLIU.8 I'CElY. ThcTL Wi% a ieduction in the IV inctsine, ii.hich WA5 Jue tu *ume C￿￿)11}erS enL11i￿V their ¢()ntr2Ct% &1nd ￿)1￿¢ redlicing rh¢ numl)er ()E TV %pors takLn up. Th. Inc()Ire in the periud L217k tLdLicink, fiY)m ptior ytar lit 1,448k b>. A'231K. IA)ft)n1* vifLt5 J()b Retc'ntii)n Si-hLmL inc(ITnL £Nil 1ry121.. L128.314). Expenditute - tlie tut#l expefldiiurc in i.lie vtJL ts £G.419,871) (J? 121.. L'6,3C)4,4241- IM15 rcprc8en15 41n incrt2%# ot 0.87 /u un ili¢ pr¢i'ii>u* iiexi s exp¥nilitiir¢. 97n/il ?ji21.. lJ?l/iil ()f oiir op¢r8rii)nal expenLlitLirL" I￿.1$ spent i)n cliArit%ble Hctivitie%. Ibtrc d tuliicii¢itl ()f fj..32k An the prc>visinn f(Ir iTnPclirn)ent lif (IrbtC>TI t() L',143k12(121.. A-.17f IC). KICC Conferences IACI i w,holli' ()wned lubsidiap, of Kl(-C. hA(l i prnfir b¢fore tox of £2221S (2112.1.. £211,lQll in Ihv p¥ric)d iiNl¢r Yei-iew. Tui'iioir¢l' IV25 1,-111,411S {21J21'. L-41,5.52) whil¥ co¥t ()f ¥ilr¥ 1¢ 11(1 admini%¢rAtiI'e expvn$e 'erL A,'11.144 (2021.. £21,264). We Az)iiLipaie Ili'.It the cc)mpAny upill tlJllUllllL Ic) l)e prc)litdble iii ils ira(liii&p ¢)Pel'iiuon¥. DurinkTr th¢ )'¢Ar l%lCC C.c)nfrr¥nL¢S limi1￿(4 Ci¢ rriLd Qui tl)¢ pr()IlSlOLI nl aLI)iertisenieiii 42t th¢ cliArir) ci)nfL'rcnct .'Ind thL rjl ccinlLfCnCL¥ Pfl)ducL%. Key Performance IndAL¥tors- The ii'usieeq set tgtkvets fo)r the I'eai listed oli pHhF¢ l) uf this I'epiirt aiid thv%e tyArgeL4 hAve l)een A¢hievLLI fur thc iy¢ar. Th¢ tru%tee¥ COllSiLler rliit tlic c1147riti % positii)i) at the )'eai'.cnd is SatisfACtnn', our CR811 at l>ank 4lnd in hAnd incliiLlin $hi)rt t¢mi dLp(i%iis (>f £4,233 ()71 (21121.. A'.3,3C).3,2551 rcniiiii% It a ltt'tl ti) all1)￿. U8 til paij i)ui' expens￿ tliey fall due and tlie urork ol. th¥ LhariLy CUlitiniiLS tu expaiid inti) our IncAI LtsininunitlLS. Flnanclal Pollcle¥ Re8erve8 Policy The reservLS W)Iicy LC)i-ers onlir those frce inc(Im¥ fufiJb thAt Are backed bi. non4le5iRJialL4d dssetS iinLI exclu(ILS resiricted funds. The trustees belicv¢ ihJl a ii)ininium free rL5Lrve i)f Ll ?jO.(XIU it,liich ¢iJVLrs 21/2 m()nihs CXPL'ndiiure. u'ill rn#ble thL CIr￿n1$￿tI()0 to mi'vi it.% (Ibli*4lti(>ns Jna (i*LILlllUV. lu prvvide its s¢rvi¢'¢s. Thc yTt)up's total funt15 15 lif 31 ,NLaich 2022 ￿'erl £.16,111,010 (2LI?1.. I'.16,0(Jl.6641. Free ReBeThL8 KILL to rctxin sutTicicnt Erti rLsenTes LyUIVl4 lenr t(? A iiiiiiimum of £1 ?511,IKIII. Tliese re5ttVeS gre l)el¢l in cag ot an!. sudilcn deiline in incoiiie and to ¢n&utc that i>e cali InLe¢ Our Lolnmitments tc) prc)i'idinLF our svri'ices dnd •¢ti*ities. SpeLificall!', these c(>tniiiitnicnL5 incliidc vur cvntraitual ubli¥Ati(Ins in relation it) (iur UULfcaLI) wurk, KILL Th, and sldff cL)minilmenis.'llic trustccs ci)ntinue tLI m<)nitvr thc fre¢ rescn-e5 ui light ()l- the reseri'L.s poli￿.. Tlie higher reserves at tlic )ear-end Mtill eiiahlc (he chanty cxpllnd 115 cl)aMiable wi?rk iii tlie f<)Uowinx vear L?5 the tIU8tecs u2ke steps tv close the g. p wilh the reseThes p(ilicv. 'rhc ficc reserve$ are held tr) meet thc needs, othei thlln thLI.4e covered by th¢ d¢si41)oted funds, de.scribed belu￿.. 011 31 fvlarcli 21122, thL unresiricicd Erec resenre8 were £3,6211,465 {2021'. L3,II)5.IK)8), this is comfort•l)Ii' aboi'e tli¢ Ininiiiium set AnLI cui'ers 7 inonL115 vf c*i)tndiiurc. Restrictrd Reserves TL)ial tLsiriiied re%¥ri'¢% at .11 March 2Q122 wcrc £44,12.5 {2021: £49,518) as detsiled in nute 18. 10 klNC'sI￿.Ay INTF.RNA'rtC)NAT.f.HRlS'fIAN C.F.NTRF. Y¢Ar I￿￿[let7 31DI Nlqtch ?Il22 DesignAted Resetves The BnAtd c?f 'frLlStees hAI'£ clccided to c()ntiiiiie tt) hiiia A desi￿lIated fiKed Af%ets fiiLid to hi%hiight the ie$ernL8 inleqttd iLi the t'.In.gible a4%et.% u.8ed l)y thc chaiity itt carrying (iut it.￿ IpperariDii% duriiig the IrcAI', irLcludinxTr Snci81 Iniiestnient¥. IL%% qni, fixed a%bLCb held in re%tsiit(-d Eunds. Investment Powers and Poltcy Kt("C ha8 sh¢)rt tLI'lll I￿lVeStInLilrs Ifixed dq)()%it acc()uiits), and c%sh thar irL 8Lt ijut jli rhc coilsn￿d￿tC1I and LhAIity' l)ilaiicc shcet5. Thc nbjective nf thL invesmieiit pi>licy is t() tllilXlttii.%L intLrLst whilt limitsii&* Lisl(. The iiive&tmenr pDli£v is to iiivest in sli()ri reyiii ini'e%tJncnrs aiid dc￿￿1[& at l)dnk% ￿,1]ere tlie cApital is pr()tLLILd. 'fiic C.harin' currentl5. ias a i)uIic!' L>f keeiJitlXT Anly sury?lus liqiiid fiinds in %liori-ierni Llepusits tliat c#n he reAdil!' ac¢c5%ed.'fh¢ fliariry liulds qs stscial inN'esiniLnL8 in prupcrllcs, prr)perLIL5 that 41fc L)n 1£￿1￿¢ li) uili¢r f)wt)is'Jtiuns carryinx (Jui %iiiiilar (JhjeciivLS tu that ut Llie C.harii!.. Diiiingr ilie !'tJJ' under review tlic prL)i)erLiCS Mrcrc ilscd tu (rf￿ Out Jctivitie> uf churLh SCrnTiCe i)d wider conimliiiiry fLlJted ¥)rtililULS iii lit￿ wilh ihe Tru%tee$' i)hjectiics. Plans for Future Perlods It klC.C's ￿.1$h ro us¥ it% Huikinor¢ ljntk pieini$r8 fJciiitic$ fcTrr the benefit of it8 c(In￿￿￿tI()n iuch ag a br(Trxdca%rin.¥ %rii(liiJ, cafet¢l13, rrxchinkTr icc(>Jnini)dArirJn, l)ook slic)p, (?ffic¢% atld 2 etc. It is anticipateÉl rhat th¢ Ch￿1[11) s C.onimuniii, ( )iitre:Icli Pr(yrinin)cx will l)¢ av:iilAble ti)',I xrrAILr IiiJml)Lr in ihts Ic)auon. We pliin Ii)r i)Iir Tll LILid riwliii piiiKtAmmis tn reJcli miirc hcTrnic5 In the ILltiirL' thi¥ iii tiirn will ILAÉI to f.IpeninkP miiT brgiichtli iiiicl Lh*pc15 iilid iiiLL¢asin&i mL'ml)¢r5 At exi5tink l(>LAIIciii&. In adLliiinn rn th¢ ￿￿}￿1 of <)PLnin% I,IIIXI CAring Heari CLntrLI. It tli¢ <.'liurcl)'s tt¥ .%enLI mLn)bLrs 011 4liiiTr iincl l()ng-teriii Ininistn. projects ti) Li'eryT cnniinent Jiid ro pionLLf Llt). LliurLhes ￿loUi]d tljib Lountrj. wl)iil) will 41sr) 1lllP.'ICt ilic cijininuniiy iAk.inx int(> ilCLviini liJc#l nLtd5. We plin t¢) 511PI)()rt i)iit mtmber$ and n1Ute LlirL)Llk.h proi'idinK Mi.IfirL $ui)wri, lifc ¥kiUs truiiiinx ilid c()un4elling. IX'L plan to C¢)Iltinue our i)i'Lr%ra¥ vutreAch wurk l)), Ji)nAtin¥ [() mi%yi()n5 (Tr%'cf%Li8 ind ¥LndinR fi IXT￿r ttAin i)f i'¢)luntCCfS to suppi)rt thc medical u'()rk, t¢Tr()w¢i'Lr, sucl) a s!%tLIII 15 cle51￿￿1)lL1 r() m#n4%L rdrliLr tliAii rliininate tlie ri%k Df tAilurL' t(? RLIii￿'e butsiness (IbjLLtive5 and can onl!, pi'(Jvide r¥2b¢&fLal)le ni)1 gb4olut¢ A¥Nurance a&oin%t rnAterial tlllsstrat¢m¢nt ur lusts. Tlie Bo'ird lilly rcvieived tliL LlfLciiven¢ss ()( tlic s}Ttcm i)[ inictnil ci)nirol. In p*tticular. it h#s rciiewcd and upcl,,ItLd Ihe pri)CL%S Ciir ideiiiilyillkp And evAiL121iiigY thc InAjLI& Liik5 iffLrUli& Ihe l)11siiiess ihe pt?bcics prc)iÉdurL'b l?y u,hich th¢be iisk5 aLe man'iged. fvt:In41genient 11rc resi)c)iibililL fi)i' the ideniifiL:itii)ii ;Ind LvJlu2tic?n c?f siktyufii'.Int risks appiicAlilt ti) their vf IJii%iiiL%% ti)Rethei with the desi.4rn incl i)iJeiMli()n i)f suitxlile c()ntii)ls. ThesL Ti8ks A%%t%sed (Trn & ci)ntinuin¥F b&sis And maj hL a￿s1)cT￿let4 ￿TItI7 a iTarie¥, F internal ()r cxter11al sources incI￿11n￿ C()Iitrol hrL'hkdL)Urns, disryptinn in infvnnatlOl1 S)'stein5, natuYAI LAtastropht &nJ ￿gUlat￿ry. rcquirL'inLIiLS. The Lharity dves .1 Ivt uf work ￿11[b Lhiidreii qiiJ yuttth ￿.￿"Cli is esseiitiil Ix)th fLir grLbWth aiid 51)ciil ¢ohcsiun. B}, thLir n%turc, I'uunger penple are more prunv to l)e risk t%keri and t() i'Alue 2diTeiiture over satets,. Tli¢ iliAriO' tol1v￿.8 rex*i)nahlc guidelines ti) Inect tlie sense of adirenture wliilL Lncour2gtngF rtswn4ible rigL taking. The tliariii, l)xs and (pl)eratcs a rr)hu%t.satcguardinx i)ulicv in iTr()rking iViLh the childrcn and y(Jutl). In addition, there is considetation L)f fjnincial 1'15ks l• ri%in¥ froni thL dAy-tu-111& n)41lliixciiicnt i)f i>￿)rta￿1)n$ ind thL rcquircd finAnci& rc5ourccs to Imcct futui¢ plans and exp&n8ivn, KIN("s1￿.￿ly INTF.RNATIC)N.41. C.HRISTtAN f.F.NTRF. Ytar l-nLleLI 31KI Nlarch 2l)22 The gttiup ￿￿4 L￿pi)sed tc) intere4t VAt¥ risk ihe bxiik Ic)An M'as on a variAble T11 t¢ and the iare ha5 bLen ri%in howeyer, the Tiubree bLIALII..IRLeeil i(} repaimiunt lit the IIAiik liitiiiued. Plan for tho future and Golng Concem ()n th(. 2￿￿ March 2020, in It%i)cJn%¢ tn thc CJ)ton1virii.% Pnndemic. rhc wiTernincnt *qnn()i)ncL(1 ¥1tL acu()n Iilan i-hich, aini)Il% A 8Lri¢s (>E in¢is111-¥%, inrlLiol¢(l A nari()nRI Ii)rkdc)Mrn. Thi4 restrict¢d n(Jn-essvnri?¥ I tTal'¢l ind 'rh¢ fit4t Inckdtjivn caine rfj An eml on rhe 4111 lull. 2112111ncl sLiTh-ices w¥rL resiirn¥(l Uiiili srrict C()IrlLI-I IJ %iii(leline¥ incliiili1i￿Tr 4ocixl Llistanciii%. The seci)ith lockLI(Jivi) Ir(I1i1 .Stli Noi'eiiibcr 211211 ri) 2IMI Decemlxr ?11211 M'AS siniilf¢T t() rlii fii'%t A% rl)ere u'erL li() -IAnLiafs' 211211i(iu'ei'nlii)e Actiiijn. WRS LILiickl!' ￿e￿rL{l up f(Ir SLTndx!' And micl-w¢ek ,SLrvices. 1_)ur %uiiLlai' Rnd niidKv¢¢k %eniice% ate heiriK 4fl()f)k. 11istAkprxm Ltc. L)ur (.'I11-' xri)ups Ilii)niL t{.11(I￿r*I)IPsI, H-lii) uied (() ii)eei wcLkly, li14() Ktivir%ted i(> rLKulir meltilik￿l i)ii £(.l()Nf, Ilic unline ￿lyIng airiiplt!. also picked up and hm8 num. reiiiAintLI th¢ iiiain ai'enue i)tr ¢%isi11g iiilit% )ncl i)fferIng￿. ( )Lir Nijfih's Ail- I"(>¢xl Bank lili¥ Liecn (Ancl cunrinuLs tol v'otk in nvttdril-i (IL.bi'L'rin% Sin ¥ll'LfiLKL ijf _39.1 f(>()d p¥i' m<)nth ocroEs 1.()fLLI()ii. IkLnt iqnLI F$8¢x. (.i)nsid¢rinx thi2t Lllch pirccl cciiitllins qn ii'cri1&Tre i)f l £ illcxls, trhig eiiuite¥ tv %vme I,-liO Jneals1)ei wg¢k. Thr(TrLIKli tl)ese AIILI nrhet initiatives, wt. wLre 14 ble i() kcep in reKnilar c(>nt4lCt ￿'it17 our niLinlxr%liip anLI to Aclju4t to Ili¢ Ll'Lf-L111* 1)ktynJ4 %iiuAricin %iiLI rlii Invlripliciti. of inTnpILN clixll¢nxes tlilt tliL Ii)ckdoii'ns wc>ulcl11421'L (111 tlie n)¢mbersl)ip. Not ledSt ul. wliicli ii'A% tlie inipALr i)f isnlmtiort wliicli b()ni¢ iiiiKlit %uffLr cllle 10 tlie al?.sLnct of w¢ekli' FLII()w.4hip Lnj<)IJLcI bi mLmbLrs. In thL"%L KI'IVS li'L L(>ntinuLd tcj niinistLr t() thc 4piritu.'Il 1ILAltli And XLllLr?l ii-Lllnc88 f uur mLmbLrB Ind fulfil i)ui' widtt COliinii%4ion ro thL ciJn)EIILlllitI. Rvbust and reKular finaiicial reporting has alM?v$ been in plac¢. howeRTer. the Trusteeb enslired tliat the frcyiienci, uf suine repoitin.4T was increAi¢d to enal)Ir a ¢l(iset wAtch tij he kepr $1)me ke!. nuimher8, PirticulaLly in tegpLCt of Tithe$ inLI OFferings ￿.[7]Ch has held up in cvixparist)Ji to the !'eAr being repr)I'tc(l. The fc)recAst has taken the present new n()rtl)Rl c()nditions of operation ii)t(i ?ccouni. AdditionRllI, the Trustee% h81'e rei'iewed 2nd Lll)c12ted the Risk rew8ter and requcsted a rciiew (IF ()ur ()PLrati()n5 And bu5ineb& plan y1)ing fofWArcl. Subsegueni tu the itRr- Lncl rlie'fru5tccs t(x)k thc dccisJi)n ti) rLPAV thc battk Ii)an. .1$ u'i findi5C this rLpvrt. all lockdown niLffjisurLs hAvL CeXqLd. In linc with thL rL.qulatiuns ott Cjovid-l (J cuiiipliAncc, e hai'e been ble tc) re-open all olli chuTch buildinw" faking into ac£()un( rhe ¥ocial (listancing gvuideknncb. 12 KINGS1￿'Ay INTF.RNATtC)NAT. f.HRJSTIAN C.F.NTRF. Ysir ErnleLI.IIFI fvIArch 2022 Our anniial IGOC ¢onEer¢nce rhis i'exr M'f¢S botli an'sLCtLial An(1 irifiLIA' ei'¢nt. We lixi-e conllnueLI t() matiit8iii our on-line pte5LncL. IlndoubteLI1}- tliere mai. be Cliallenxes aliead because of tlie uncetsinties (lue tn tlie general ecoiininic situation in rhis coiintri. but tlie trusiccs do not expect n)arLYial concLrns to Hri8e oi'er tlie cli%rin s financiAI p()&itiun or goinx concL¢n. ThL' ttLlStCLS h<1 vc concludLd, bftscd f>ll thc Cash b#lincLs ?rtd 12 mcjntli foreca4t. thii t the chaiity will h21'r bufficienr resourcef to meet irs liibilitic% a% they f211 du¢ and continu¢ in opetatiunal for d)e Fckr¢b¢¢abl¢ futuir. Statement of the Board of Trustees, Responsibilities ThL B1rd ol TrustCL5' K('pr)tt GincluclinK thc btratcKic Rcp()Trl lind thL finanti.tl st%tcn)Lnt8 in accr)rdance ii'iUI Applicable12IN And Ilnited IkingyLltstii AcLuuntknhv S1211dArd5 (UiiiteLI Kin%auin Gener4LllI, Accci?Icd Luonting Praciice}- l.c)mp4ny11w requite8 ThL Iloard nf Ti'u%tces to prepare fin2nci.ll st2teinLnrs for ¢ach financial I'e2r which Kive triie attd fair i'icw of the. stxr¢ oF>ffAirs oFthe Chatint and fhr &7roiip #nd (If th¢ in¢uming re%c)Iitce8 and ii iiplic2ti(In OF te$oiiicu. irtcluLhn¥ rhe income AnEI ¢xpenditLiie i)f the charitahle ￿￿Oi1P For that peTi(xI. In preparing the8e financiRI %tRttm¢nrn. th¢ Bo¢ittl of Tru¥te¢%' h(emberb Are require(I to: %eJ¢Lt BUltabLe acc()unting pnlicir5 and th¢n apply thLni Ll)n%i%tLntlyt nbs¢Thp¢ th¢ metli0(1￿ principles in rlie Chatiti¢% StxtLYnLnt lif RLC()tnmended PLMCtice, Inak¥ juil¥etneiiti %n(l e¥tjinates rhii t ore reasonable prLident, stAte whcilier applic#ble UK ALcuuntin% SiandArds 114ve been fulluwed, sul)jcct to An>. material Lleparturc disclused lit￿ txpliiillLd in the finJi)cidl stiiiLinentS, 40d prepare the finAIiLial stSLteii)ent% vi) the w)1llkTr L(Trn¥¢m basis uiilcss ir is ingppn)priate t() presume that the ryoup and tlie C.li&rit)' Ivill conNiiuL iii opei'atyon. The B()Jrd r)f 'fruitLeS 21c resp¢)115iblL fi)r ktipink pr¢>p¢f AccnunriiiiTr reci)rds thgt di¥cl4>8C Wlth reA¥r>ttable aLLLITaLI' at aiii, timL tlie fin4niiAI i)osiriuii of tlie kttoup aiiLI cliarital?l¢ company #lid Lnihlc tliLm tLi ensure that thL FinAnLial Stratein¢ni% Luinply iiryth the {￿l￿panieS Ac( 21￿0 lind the f.h8riti¢g #nd TfllStCL, InvL%tirciir (Scuiland) Act 2￿I￿L]un.% O il L)f the C.li',Irii?L% Accuunis (SLUtlandl Rcgulaiii)ns 211116 la% ainLndcd}. Tl)ei'.ire il$u resw)nsible E()r.41E¢gLJ4rding rhc A%set% ()E the ("harity' 1nd hvnce for taking ve2sL)n4ble step% fijr tlie Plcventinn 2nd detecuon of fraud aiid othet li.re￿la1.Ltic8. T￿￿tee$ and Director8 Tho TNsicLX. ￿,h￿ aLL abci (lirrftnrs fnr th¢ PLifpt)8c% r)f comwAn> law, whii SLtI'c(l ilurin.4 the vc*r irc.4htiwn i)n 14. Statement of di$¢l08ure to auditot S() tar tli¢ TrLl%te¢s are r4 tliere is n() relLNant giILlir inEnrniAri()n of u,liich tlie cliaTit2ble comp2n)T % auLIitt)r Are Unl￿4re. Addiuunalli,, the Tru%r¥es hai"¥ taken 211 the nece5saii.' Steps rliar tliei, IJLi¥ht tu liave tak¥n as TruBte¢$ in 10 make thcnibLIvcs 'iMr4re (J(1ny rclevJiii iudii iiili)rmaU£in aiid ro e$til)iJ%h that thc charitAlilt ci)mpAny's Aiiditr)r TrrL qwArc nf thRt infcJrmatic)n. Audltor RSNI UK Audit LLP lias indt'catVLI its willingness w continiie in (Jffjce. Thi5 Ttti%tees' Rep()rt And die .StrAttgic Repurr contAined therein ire ipproi'ed bs, the Board of Trustees on tlie ioT14 Dé'cl ?2, And are sigiicd un it* belialf bi.: ')'n I 10 Decembcr 2022 13 kINC.sI￿ AY INTb.RNATIC)NA T. C".HRISTIAN C.F.NTRF. Year f4rnleil 31# March 2(122 Reference and Administrative Details Founder, Visionary & Senior Pastor RLI'LTLnil Mattlie￿. Asliiiiii)lowu Resldent Pastor Rei"erend I'cmisi AsliiinuIu￿m> Trustees and Adv18ers Key Mdllggement Personnel: TruBtce8 Wi'n&)rd Knuckle) Cliair 'rinwthy AbinyL IPrtipem}I l.)Ixnivi l)palv%Je (Finaiire & iliiLlji, ￿l'ent> & (.(Jmmiiniry' sind (.(TrmmunirAtllJn¥ & Motkeiitt (.'harles Cl.,Irkr Rcxf(Ird bdm Ib.veni$ & (.vmirllnitt' And <.cimmuniLJifOn$ & NIA(ketinx, I lumiil rr¥(Iviti$l Mii'()mi AnLIIVC 'VLlii$ & Ijili￿lIunilY an(1 Li)nlii?LItUCAti￿1￿ & Mqrkctin Acleto}'e$e Adedeji IPN)pr.tr!'I ( )ILiken]i B.abaiui￿e Illiiniii li Kcynurr.r.q. I'.'%'e¢)M &. f.(Imniuiliry' #lid fmn)tyiunlCRtiaiis& MArkellnR) '%iNii¥d IW DLLLnibLr 2021 ()1LILnLTI'i￿X Ilanwn 1l4vinaii Reyiiiiti'cx, Prtyert!.. I'.venty & L(jminuiii￿. Al￿ (.IiiiimuniiR11¢&nJ OL hlnfK-ctin Amelia Diimxkg - ￿)i￿1n1¢(l 19Lh febN&p' 2(>22 Key Manggemeni Pet80nnel: Senior MgJJagement ("hiLf F.XLCllllVC ()fficcr c.hief ()pLrllting C)i-fiLer Director (It AclLminisrration l)xst()r OF C.I)tsLI%Llling Pr(Ipert)' & FaciliMLS Mgnaget Directr)r vf (.oiniiiuftiLation5 hledia & hI&rketin Director vf Finunce & C(>iMiJliAnLe Dr Dipi) C)luyonii J%Line8 fvtr()IAsliaii Ebtl)Lr Duni))oye Ka)Y)de FalLbita kogl?c - Budc F.legbede Company Secrei4ry - James Mc(JlashAIi 14 KTNGSIVAY IWtERNATIC)NAL C.HRIST]AN C.F.NTRF. Ycot F4nclrcl 3lsl iK18rch 20 Registered Addtr88 Prai'¥r Lity, BvLkmore Park Mwdstt>ne Ri)Jd Chatham, Kent MF5 CJQG Bank•rn and Professional Advlsers Auditor8 RSM L'K Aotht Ll.P 25 F*rringdc)n Stre¢t A)iidL>n EC.4A 4AB PtAncipal Bankers Nuti(JnJ W'Ls¢minster Elank PIL 2811 BISh()p$￿te I￿)n{li)n EC2M 4R Solicitor SrorLV KiLi¥ LLP B(?undAry l-l(ku$e 91 Charierliousc Strccl L()ndon ECIM OHR Tnve8iment M4nager• Quilter Ch¢viot Oile Kiiig%wai' ]￿nd017 W(-2B 6AN Company numbet 050.16122 Charfty number [En￿and & Wale•) IIU2114 Ch#rity number (S¢otland) 5C048359 15 KTN(:SI￿A Y INTF.RNATI()N,11. C.HRISTI.4N CF.NTRF. Ye9T I'.nded_3l¥T Mi arch 2022 Independent Auditor's Report to the trustees and members of Kingsway International Christian Centre Oplnlon W'e hAire aLTditLd th¢ Financixl stateinents. (Il KingbWASP InternRtionRI LhLi¥vRn (-erttre (the 'pxr¢nE chacitAI)l£ ci>inpani,I and irs sub%idiary (th¢'gr()up? fL>t Ihe ve*ir endtd 31 M21ch th? 22 which u)mpri4f the Cunst)lJc12teLI xiid Parent Lhaiih- StAicmeiit uf Fiiiancial Acuviues, Ihe C.i)n%vlid&ted P￿ent Chaiity B.dAIIL¢ Slirets. tlie Cons(Tr]iJAted Arld P-.wtrnt ('.liiritv St2¢ icnleiits i)f l-ash Flow and th(Jtes tL> the fiiiancid st1£ tenieiits, iiicludllikP si&ryiificant ICLtsLllltii)g policies. The fiii?IlClAI rL1xiltiiikTr tl'Amtwiirk ihAt l)L'L'n appbed in their piLpi¥atL(Itl 1% urre%, incluilinky TIILir inciimL' aiiLI expLnLltiire. fnr tlie year then ¢iMILcl., have l)eL'Ji prL)ped}' prLpiirrd in iic¢i)rdance ￿11th LILiiied ￿ll￿di)M Ci¢iierJlly Acce.PlLd rlLLIiiiLItitLK Practirc; I'e heen prLTAred in RCCI)rilxnce ivith rhe Comp8ni¢s Acr 2(p06, rhe Ch1ritie4 Act 2011, Ihe Lhatitieq An(1 'rrii%ite InvesillLLnt ISc()IlAnLII Aci 211115 .,1nd teRulaui)Iib 6 i￿a 8 (Il. IhL (.'hiiriU¢S Accountts {ScL)tl.,hnd) Rckyiil..ItLI)ns 1111() (*s AnieLidLd). Ba819 for opinion W'L h:ii'¥ bctll APP()1ii￿.d auth'iur undeT seciiun 44(1}Icl uf ihr Ch4rities ..IT￿ 'frusiLtr Investiii¢ni l.4LiJilAndl Act 21AI4, -%tcii(>n 151 L)f the C.hArities ACL 21111 aiwj undLr the (A)mF141niLs ACL 2006 :11)d rcix)ri in siccordllnce u'ith regiihui)n% niadc undLr tliuse Acis. V¢ conduct£d nur audz't in Acccirdance wirh IntemRtiOTial sti[￿8ldS on ALKliun¥ ILIKI11SA8 (UK)) and applicibl¢ law. ()ur iE%pon5ibilitie% unclei. rh(i$e standarcls are fuyrha. £lr%crib¢d in the .luclir(Ji 5 rc5ponsibilirie% f()r Ihe XlLdit i)f th¢ finJnLjdil siatemenl% %eLtJun <)1 i)Iir rcp()r*.. Ivc '.ire inJcpcndLni of the %r()up i)Jrent chanuble LLin)p#n! irt a¢ci)LdallLC willi Ihe eihiLAI I'equi¢emttiiy thal Jrc reltV2ni li) i)ur audit vt the tili4iiiciJI $tatcn)eJiis il) the iIIN iiiclLidii)x the r&c.'% I:tEu'Ldl Siandiir(1 41nd ￿'L hA¥e luifdietl niii niher LihIr￿ rL¥piinsibihiics in aLLcirdi1nce with ihe.ie IC411irementi. WL bLlieve ihit thv ivdit LNiilci)ce M'e hAi'e (Ibtginrd is sufficirni In(1 apprcipTIAtL tti piiii'ide A ba%1¥ f(>r our Iipini(In. Conclusions relatlng to golng Goncern Ln iiuiliun& the fii).'iJ)Li:d statCniÉ￿ts, ii'c Iiave Li)ncliidLd ihai ilie trL15tecs' u5C i)r Ihe KTL)lll8 C()nctm b#¥is of accL)Linting in the i)repardtii)ii of the tllWiCi21 ¥tuiement¥ i¥ :Ipproi)riaiL. B418ed i)ii the w'()rk wre hai'e pertnrnicd, ￿'C h.i%'e lint idLlltified ani material LiThcertgiiitie8 rel2tiiikF ti) tvLnt% or cnnLIitii)ns tliat, incli¥idiiAlli' (It c()IIL¢uvcl!', ctst ¥lkFnifi¢&nr di>ubt thc gn)up'5 1)r parc.nt cli>ritl1 ljle c()mpani'8 Tr1)ilitv tr> conttniiL' as coiiccrii fot A periuL4 01 lit least tweli'e ti)uiiihs frtsni i￿1)en tlie tinAI)ClAI stattiiieiits ATL XUthnti%Ld fot i%%ue. UT res1)uiisibiliucs and tlie resixjnsibilities i)f thc twstecs vrith rcspcrt to guin¥ c()ncem ive de6crihcd in tlic rdev£int sectivn5 L)f this rei)urL 16 IKTNC.SKVAY INTF.RNA'rt()NALf.HKISTI.JiN C.F.NTRF. Ycor P.nded.311l Marcb 2022 other informatlon Tlie cirher infoLTh1rion CVJlJPri*es the iThfr)miatii)n inclucled in the AnLiuAI repotr other tliali rhe fiTh2nci21 stxtemenr4 and our iiiLliror's reporr rliere()n. Tl)e ttti%ttt% are reqp()iisible fot rhe orher iafomi2i tion conrxine(I ￿'hrIll￿ tlic innu21 Tep(In. Oiir i)pinii)Ji oli tlie finRncial sr¢lteiiitnts L{l)e￿ ii()r coirer tiie otliet inlormarioii 1¢ iiil, exctrpt ro tli¢ extciit (?tl)eM'ise explicitli. sraied in out tew?rt, wr Ilo not exprtss aiii. fotm of 25suraiice conclLl5ion tlieteon. ()ur re%p()nsihiliti' ]% t(I r¢Ad rlie ()Ihet infi)rmauon ¢ind, in doingi sv. conbider ivhmpanic% ,Ict 2fi1)6, thc Chqriticli Act 2n1 anLI iliL ('li#rities ALLniiiiL$1Si()tlaiitll RLkrul%tions ?U(IC) (as amenLfle£ll reqiiiir us tr) retx?rt to !'()u if, iii twr opiiiinn.. sufficicnt. adcqiinte ind pr(IPL'L CC()untin￿ rLii>rdq havc ni)r bLcn LLPt bv thL p&rLnr charirRbl¢ c()mpaftii i>r turn% :iilc(iuatt fr)t rjur auiknr h41VC nnt bcln r¢Lrivc(l fvc>m branchc¥ n()t Vi*lliLI bv u¥. rir t]i¢ pxrenr cliAriiablc c(>mpRn)' fJnAnci81 srAreinLiiis arL ni)t In %greein¥rLr ￿.1￿7 ihv Kcounting recorLI4 A￿1 ertaiii (liscl()sure8 (If tLU%t¢i8 reftiunerau()n %pe¢ilie(I by Idw dr¥ niit milde,. or we h:ii'e nvt ivieived .di thr iiif()tmation n(1 Lxp14Ill￿I(I()n5 11,£ t¢4uire fL)t L)Lif ailLlit. Responslbllltles of trustees ,{% Explii ined m()tc full). in the $tJtLfiLtit i)f trLlStee%' te81)(Iii%ibJlitiL¥ %ct (Iul l)11 l 3 the tLU%tee% (wh(I ',Ire AL$1? the dirccft)r8 lif thc charitablc ci)mp.In!' E()r the piirpi)ses 1)E c(TrmpanY liw) Itc rL$Pi)￿Ible f()L tlIL prLI)arAtiiin i)f the financikl 8Mtcn)cnt5 *ind flir bcitL.¥ SAri5ficd th.qt thLV A truc And tiir VICM.. qnd fr>T SLich intcmdt ccjntrnl ￿ thc tsu%tCLS deierini11e is ntic￿saI￿. t(J eiiable Llic prepardtir)n (?f financial sta￿lMents that are Frec frvm n)atcrial misststtiiierlt. wlietlicr due tr) ur crri)r. In prL'pArin4 thL financial 8tatcrEiLnLs, diL irustL'L5 atc LLspi>n$iblL fi)r AS5L5sin% thL' xrniip's gmd parent chAritqbk. ci)mpsLn!,'s ibilitt, tv cvntinue is a g()ing concern, di5clrJsin¥, a5 appliciible, matters Yelated tu ¥oin¥ crJnc¢rn and usin¥ the ￿{)1￿.% c()ncern baèi.% of iccountinx uJile4s the ttUSlCL* eithLr intend ts) li4uidAte the .yi)up ur PArertt chAritable ci)mpanv vr tri ce3se npctatic)n4, nr hxve nf) le￿IStIC xltett)Rtii'e hut to do so. 17 KINf,SIVA Y IN'fF.RNATIC)NAI. (".HKISTI.IN C.F.NTKF. YcaT I'.ndcd.31yt Nlarch 2U22 Auditor's responslbllltigs for the audit of the financlal statsments C)ur objectives art to obrRin rea%cTrnAblL 9ssiirAllcL aknut ii.hethcr tlie fi118nciwl gr&remen￿ as a ii.hnle are free Erom Imiterial inisstateilleiit, ii.hvtlier due FrAuLI or VT¢or. %nLI issue 411 AuditDr's report thar ii)cluLles nur (>piiiii)n. RLu%()ngblt i155urance is a hi¥li levtl ut .a55uranL¥, but is ncjt ll yAraiitee ihAr an auLli( cuiidLiCtctl iii acccTrrd*nce willi (Lllkl alival'b dffleLt 41 niaterilll mis&iat¢lll¢iit iirlieii IL exisls. ,Nli551atein¢DIS LJn 4risc fri)n) fraud (Trr errur anLI are CL)n%icleL¢d initci'i31 if, indiiiduaus. 1)i' in the i￿￿¢butt, thL! c<)ulLI reasoLiabl5, be expected to influenc¢ th¢ ec()nomic dtrcisions uf LiseLS t%keii on the bRSjS l)f rhege financial $uteinent.%. The extent to whlch tho audlt was ¢onsidered capable of detecting irregularltles, including fraud IrrLIFLilrfl1'ltlL% Ate In%￿n¢t$ 06 nun iomplianc¢ u'iel) IAWS flnd rexulqtiun5. Tiit ¢)l)jeLtivc'8 of our audit arc t() ()l)tain &utticiLiit gPPn)Pll11 re Audii eiTidet]ct re%ryLdii1￿1 c(Impli2nLt WLrh L.Iw8 2iid reMrulAtii)ns that h41iPC a direct Lffeii i)ii rlic d('tc'rininJti<)n i)f mitcrial 1im(Iiints :Ind discl<)surLs in thL fininci.ql sraLLniLntS. t¢) pLrf(Irn) iu(lit p)'i)cuILlI-Ls h> hLIp idLntifv in$tan¢L8 ¢>l' nc?n-cnrJ)pli47fLCL With nrhLI.121 ws rLgulAll t'raud, ILJ l?biAin %ul'fJcieni Appr(11?riALC. lludit e.i'ide￿ct rcbrarding the As&esscd ribks t)f iiiaicrial M1%yt￿llLI￿ent (li1¢ t() Er41LKI tlir()uKli dL¥iMmin% iiiMI implLnicnrin% Appr(IpriftiL rL9poll5L.4 ILiid tt) tLsiion(l ai)prnpriit¢lv to fi'AuLI (ir susp¥ct¢¢l fY8ud idLnufird durin5￿ th¢ Aixlit. HiiwcifLr, ti is the priiiillrJ- rcspi)nbihiliu' f Iran£1k￿Il1Lnl, with the c)viI mi5StAtLmenr in tcspect ()f ii'rLkwI#Tiri¢$, incluiiii)ki tl'iiud, thL Jry'i)IJP 11 Lidit en¥A&KmLnt tLain'. nbrfiinL￿ :In undLrqtandinx rjf thL nlliurL f)t tliL SLtti)r, includin.4 rhL IL%iI ind iL.quIAtl)TV tr14 niewc?i'l< t111t tliL roup Ind pirLnt charitiblL Cl)nip1nV ()PLT14 tLs in And huii. thL ￿￿￿p Ilnd PAlint chaiitJblL ¢onipAnv a cninpl}in.¥ with the le￿] li nd te.¥ulAtoiy fi.'amLVI)Tk. inciLiired (Jfr niunagL'mellt, thi)%L L.h£irwl Iviih xLJvernance, Abi>iii ihtir itriirft j£l¢ttiifiL'ati(In rfnLI ¢15%¢ssmeni of thr Yi%k4 fjf irregularities, includin￿Tr ani. knO￿n actuiil. ¥D41?ected or xllextsl In4t￿ce* uf fraud; disciis4clI inillter5 alx)Iit 111)Ll-Li>nipbJnLC ￿31th law Aiiil rLNiiil.,Iii(Trns &ind hi1￿, Iraud might (ILLVI iiicILiJino 155essm¢nt lif hi)w aiid w.hcie the finuncA:d 3tiilenieLits ni.iy bc SU6LLpubl¢ til fiiiUII. As a r¥sult of the.4¢1)r()c¢clure% we crjnsiiler tlie mi)%f sih71iilicant IRWS anLI re8ulatinn% tliat hai-e 2 clii'cct iinpict ()n the fininciryl stiteinent> ar¢ l.'Rs 1112, ChRtities SOKP O,'RS 1021, ComFaniLs Act 20n6, (-IIAritie4 ilct 2011, CliaNtie$ incl Tru4tL'e liilrestment (Sc(It11nd) Aci 21Kli. tl)e pAreiit cliarit%ble cuinpAii!-'s goi'¥ming il()CLliiieni atiil IAX legib12ty()n. IVL pcttnrnierl auclit pi()ceduL¢s t<> aettct t]Iin-ci)nipliAnces wliiLh mLqy hAve 1 m',Iteri11 in)p4ct i)ii tlie tin'.uicial stAtetn¥nt.I which inclLidccl ¢ci'ioTrinM thc Iinincial %tatcmentr includinK? thc Tru￿t￿, Rcp()tt, rCMAinink￿ tf) niThi' i>r unusuthl ts'AtksoctiiJns wliich n)Ay n()t bc in acri)YdiqnCC ￿'ith thc hFI)i"£rninh? d()CLinicnt.8. Is KINGSWAY INTb.RNATIC)NAI.f.HKISTI.4N I".b.NTKF. Year k.nded I1￿T Iqarch 21)72 The ni()st Sigmifscant laws and regulati()ns that Iiave an indirect impalt un the f)nanLidl &tatemen15 ate th()se in rel21iun ti) CJ¢ncral Data Pr(>tecti()n Rcxuliii()iis and Hcalth and Safct}'. l¥'e perfunned aLiclit PTucedut¢s tv inquire ul- n)anaxcnicnt wheiher the gryi)up is in c()rnpliancc with tliesc Jaw And reguliill(>rnb and ittspecte£l ci)ri"esp()ndencE with re4ryiixti)ri' authoriues. The ￿)lip '.iudit en￿rment tL41ni identified tlie risk. of iiiJnJgwiitnt t)verride uf LVDlruls aod the LCJll)plttenesh LTrf tithes ai)d ()ffcriiixs iiicluded iiythin d()naiiL)n tncuimL as the are& M,hertt die fioAThctiil s￿￿mentS were in(Trsi susceptible LLTr Inaterial iiiisstAtemeni duc to fraud. Aiidit pTh)cedures peifomitd includL*I but ￿'tr£ iiLlt iiinsied to iesung iiJ-.LnUEII joiitnJ cnttJe% And othcr adjii¥tmeni.%. cvJlii&iin% the bu%incss rJti()n%lc in rcliuon to sixNfic4int. Iinusual irAnsactiUn5 aiid trJns'iLuunb enteied intcl ULltsidL ilit ni)rn)iil Li)IirsL l)f i)usints% aiid challLLI&IiIIR ILld￿lLAtS ind cstin141tcs and aii..)IvtiC￿ i)rc>LedLifLS iinLI rests ut det'.LiL ii) re5peLt c)f ¢cimplrtLI)e￿￿ ut itic<)me. ,1 tLirthei. ae%¢riptiui) ijl i)ur rtsp()ii%ibilitie8 fc)r the audit ()f the fitijntial &L'ltCni￿IrS is lijciied uii the FiT141IiLi Repi)t'tiiikF (.()uiitil's w¢bsitt iQt http'.//Mwu,.Irc.i)r&7.Lik/AU(lit(Ir%re8piiiisibihyLq. 'fhis dtscnpri(iii t()rm% p;ILt i)(iJur 3udit(?r's rLpiirt. Uso of our report 'riii% fLPOLt iq nirficlc ¢xclusivLly to tbL' m¢rTrbLf¥, A8 & b(xly, in 1CCOTdancc with ChAptct .1 ()f l)51rt 16 of tlic (.()mpsLfhiL ,Ict 211116. and ro rh¢ charitable ciJiDpani 5 ttU%ttrs. a¥ i b(JLlI', in iCCOLdxnc¢ with 5LCtion 44(1llc) uf rhe C.haritie% 2nd Tru¥tee Inwt8trnent IScotlanLII .Icr 20(15 athd it￿￿UlaU0I) IL) uf tl)¢ I"hAtitiei Account5 IScotlAndl IlexiilAriiJ1i5 211D() la amendccl) and the ('hii nrie% Act 2011. Cliir aLidit wi>rk lias1)¢¢n iincl¢rrik¢n rh1t tnibht ¥tite tc) tli¥ inemhvT¥ and tlie ch?1 riiiblL LompAllI S tiu%tcc¥ ihD8e maiters ￿'L ArL required t() %18ie ro tliem in an fi)r i)ur fiiidir ￿￿(>*k, fc)r tEll'8 rqy¥Yt, rjt fi)r thL'. i)pinii)ns UL. li/k'L fr>rnicd. ￿1< LLP NIC.} I()LAS S1,ADDEN frct]iOL .%t'atLiluiy Auditut} Flit ',u)d iji) hehilt (if RSM IJK IllJDI'f i.LP,,StatuliJry iludit()r Chaitc'iid ilLc()uiitAtit. 25 bAttitwlr)n Street lJ)ndi)n E(:4A 4AB Date.. 21 De£ember2022 RSM UK AUDIT LLP is e￿￿11)1¢ tl) iqct n auditi)r in ttrnL4 nf 8tction l212 of ihc C4Éimpanies Act 2tX16 19 KINC'SIIAY INTP.RNATIC)N,IL C.HIUSTIAN f.F.NTRF. Ycar p.nded 31 , M#rch 2022 Consolidated statement of financial activities (In¢orpoTatlng an Income and èxpenditure account) fDr the year ended 31 March 2022 UiitsBltiLlcd Fund• Ruirl¢itd FundB To¢41 Fund• TotAI 2022 tstler4ps & LNlicr iilCOIII 141V5 6,1￿091 (xO.49.421 1ft.4(I5 10,405 iJ&,y 96J 46,714 Th. Inr074iturciitt fuiK)x 1475.117) I4￿,124) Chrisli*i 117J.6291 (I724,11TI 13,221.81 l.I,U515ry 11.59.11921 1.7212.47 Tolvj Ex ture NetlTKx>M¢/l¢xptiMlit￿lcl hefvte it￿￿fetI TT￿[¢t1 belweEtI fuMIv 35.2(1 118.ly N¢1 IrKOn￿lIryE￿dI￿te) 4fier ivill￿er• 141173Z NEI rnoVEIIiE*tknfLittdBfor theyeAr 21511 15.V).11 16,088.614 4Y,51¥ I￿1]￿,1..2 TDIAI lond$￿rrIed fotwjwd lli31 Much 16.1Si.2 21 lilNC.SII'AY INTF.RNATII.)N.4L r.HRISTT AN C.F.NTKE Year I'.ndod Il%t i%larch 2022 Consolldated and Parent charity balance sheets As at 31$1 March 2022 ¢omp•ny No, 06036122 Group 2022 Groiip Cliaiity Charity Noteo 2021 2022 2021 FIXED A55RTS TThnwblc ,I%8ci.% ocial In}restnienrs 11&12 11),613,250 10,C)12.710 ,833.17U 1,1133,170 ,833,170 Ini'c¥Ltn¢nt 11446.420 12.y3-,.O78 11445,882 11936,405 ruRRENT ASSETS Irti'entniie 14 .3,50Q 641,7.11 1,671,637 2,Vi2,1136 4.Hy4,1)114 4.9LN) 3,751) 1.122,8Y8 ? 17N,470 DL'btLiry 15 684 lJ8. Shiirt term InvestniÈntx/cl¢p(15115 Cash Ml I?￿nk Allcl in lianil 2,1-, 8,47 1,214,78j 4.4811.97 j ,671.637 ? 5fj7,341 4,510.9CI8 LRF,DIT(IRS .knni?Iinrs filling cluc within nne I'eir 9.14,2111 821,773 14,013 NET CIJRRENT A&SETS 4,11.IU,122 3,.155,774 1,6U2,1)55 CREDITORS -1¥5,532 385,532 un¢ v('.ar NET ASSF.75 If>,111,010 16,QYI,664 16,155,Z 16,138,172 REPRESENTED BY: R￿siTIcI<￿ I'unds 44,125 49,)18 44.125 49.518 LTNIy51rirfrd k%JrhT.' r rLL DeyiKn?IL'cl Ke5etves 18 3,621I,465 12,441).42Q 3,665,284 12,445.881 1,157 250 1191f).4U4 12,9.1-.,078 16.IILOIO 16m1￿64 16,ISS2 16,138,172 ApproN'¢cl aiid autl)ori&ed lor issue by Board of Trustees on 10 Dcccmbcr 2n22 and Si￿ed i)n ('hai.les C.Iiqikc I'ru51cc - FIn￿￿(C Lummittcc The n()tes on pages 24 10 47 fi)m] part of these Financidl Stat¢m¢nts 22 KINCJSII'tlY INTF.RNATIC)NAI. C.HKlS'fiAN f.F.NTRF. Ycor P.nded 315T M¥rrh 2022 Consolldated and Parent charity statements of cash flows Gtuiip Gmup Ch•dty Ch¥tity 22 Notes Nei ¢48h used in opetotlng 4ciivitieq 970,5113 L285,660 Y68,743 1289,SY)4 Ca8h fiow from Invt8ting acflvltie8 IntL-￿Il frtsrn inve%trn¢nt¥ 8,139 88,88(1 38575 115,5()01 111(1.4341 7,427 88,880 8.1.39 Rents rec¢iwLLI from invL%MLDrq Purclio5r of pniprri!. plAni JDd c(iuipment Nei ca8h getteraied by luqed Inl inve811ng aLliviiir8 1116,4J4) 80.717 69,720 C•dh tlt>w fmm finuncing activliit Repa!'mtnt% Of Ix)rr()win8 1184 1).V)I I1￿.¢).]{￿l I1￿ I13()1 1184,9.If)I CJbh flow¥ fiom ftn#n¢ tivitiey 210,602 21OW11 210,802 210,011 Ch8y In uoh and cA¥h equivHlenli In the T¢porfing p¢tivd 840,418 1,005,929 838,658 1,010,173 Caèh •Dd ¢48h ¢qyivAlentfj at the beglming of the tep0￿nI peiiod I￿3,255 IJ87J26 3J90J2Q 13W,147 Cx8h xnd cKJh equivAlettti #t the end nf t nl nod 16 3ffj73 3J93255 4228,978 J20 23 KINC.SIVAY INTF.RNATIC)N.4Lf.HRISTI.QN C.F.NThF. Year I'.od¢d.31%T li knrch 2022 Notes formlng part of the financial statements Accounting Policie C7ener31 informatiun Inx5￿4)I InternAuonAI Christian Centte 14 A PriV4te cvnip11 ny limLteLI b), guAr4111ee and a regFiitcrcd ch&irity domicileLI and incorporiteLI in EiigTrland. The address of the coinpany's re￿stered office Aiid principal plice of business 14 sl)oTh'n (Jn pxge l.fj. The chariry's principol ￿tiVItieS are thc advancemei)t c)f tlic Cliristian religion. Tiic i)rincipal accryiinung pi)licies adopted, judge1￿entS qnd kcj.. suurces of estim2uon uncertainty ia tlic preparatiL)n c)1 tlie fin2ncial st2teinents arc as Fullow8'. Bail8 of prcpaY&tion Tlic fininciil statiment% hive l)ecn preparL.d tn accc)rdance with Arcc)unting ind Kew)rting b}, ChiritiL¥.. Statemc'iit uf RecLiminendid Prnctice applic?blL to cliirillL& pr¢paring thL'if 1ccounts iii ccordancL IITith thL r'inancial RLPOrtinkr StAnLlarL4 Mppkncabli in thL UK And RL'publii uf IrLIAiiII (FR 1112) (secDnLI ¥ditinn Lf(ectivL l JJnu2ry 20191- ICharitiLS bQ)RP (FRS 1112}), thc Fin.Incial Reporting Standard AppIiLAble in th¢ Ul< Anil Repiiblic lif It¢land (FRS I (l?) and rh¢ Li)mpanies Act 211011 AnLI rhe Cliiiriiies Llnd'frLl¥tee Ini'LsinicrLt (bci)tlandl ALt 2(MlS llnd tekrylaU£?ns 6 #nd 8 1)f ilJL Chariues Acc(iunts1SLutlJThJ} Re¥ulatiunb 2(XK? la¥ aLnenLlcd). The acc(Junts #re prepared in ¥terlin.¥ and roui)aed t() ncftrL5t £1. King¥wA!' IntLrn:Itii)nil Christiqn ("cntrL iiieets thL definirichn lif a puhlic l?enL.fit entity unnal IciTL15. The tithcs %knd ()fferinK4 liaiL coiitinucd tc) hnld up in IAiiL wirli the pcrii)Ll beiiig rep()rtecl as rhe CXPOSULe ()n social nicdiA ha5 increAsed the aiidi¢nL¢ foi" the setviLes. F¢)r¢cASt tt) December 2023 showiii¥ SLIFficieiit cash, nct current Ass£ts and iict &ssct8 havL bcLn reviewed. Hai'in.¥ taken these iniv considei¥iUvn %ncl the unccrtdinties ihat m25, AriSC due tv the pAndeniic. Ihe bu¢qtd cvntinues tu dvpt thc'wing concern basis" in pr¢pllring thcsc financial statLments. b) Group financi￿ Statements Thcbc financi21 stateinents con501idLltc the rc5ults ol Ihe Cliarih-, Ind its suhsidianr Kl("C C-(InFerences J.imitecl on 2 linL-by-line l)asis. KIC'C ConferÉnce% T.imited is a compins. limited b}. shir¢s, ￿'hICh are beneficixlls, uuined b!- the Chariti.. Dvrmant cump*ni¢s are exiluded Fwrn consulidatiun on the basi5 ()f inimat¢riahty. 24 I(INf,SW AY INTF.RNA'EI()N,.11.C.HRIS￿AN C.F.NTKF. Yegr p.ndcd Iyarch 2022 c) Income Incnme fr()m tith¥s %nd n of the C.h1ritt, ¢ntity and compliance with statutOL3T i-cciuiyements. g) Pen8ion Cost Tlie C.hirinp operates a definLd contribution &clieme. file amount cliarged to the St2teJiient of I'inancial Activities iii i'espect of pciision Lost8 Aiicl c)Iher piist-l'ctirement bencfitq 1.% the ¢()nttibutyui)8 due in respect i)f enJpl()s'ee$' service in the vcar. Diiferences bcNp¢¢n cuntributions pdyabl¢ in Tlic !earAnd cuntiibutions actuills, paid are shown either accriials vr prep2vment.s in the l)alance %hccts. h) Ika8ing 2nd Hire PuTcha6¢ Commiiment8 etc 13sLts are financed by IL&sing agreernenrs that give rjghts ¢1ppruximaung to ()wncrsliip I"fin%ncL lea4¢s rl)L 2s¥¢ts 2rL' trearc(l a5 if tliLy had bLLn purch84LII i)utti%wht. IIIL amount CclPltaliseLI 1% tht pi'c%ent i'alue ()f the iiiinimuiii leRs¢ pa!'ment¥ Pfi5,￿1)IC dutin&r the lease tei'in. I'he Lc)rrespi>nLling Irasin cc>nimitments arL ihowii as ()bli&r2ti1In8 to thL lesi1)t. Leise p1itrmLnt% 1re rrcatLL] r()n8isting (>f cipitil 2nd intrrest eleme.nt%, Ind the int¢rest is charged tt) thL' stateineiit OF financial activiti¢s in pi'op()rtion tv the remaining bilince c)ut¥taiiding. All orlier lex¥L¥ are '()perafin% lease4" And thL aiinuAI rLiitaLs xtt cliAr& d to btatemLnt of Fin¢qnciAI ALtivities on A ¥ti'dibtli¢ lin¢ b%sis ()ver th¢ l¢d)e tenn. RÉTht Frcc perivds or udier incL'ntlVL% fLceive£l for entctinR inro a ICASL, art accouiiiecl fi)r over thc periocl of the Icase SL> aq ¢() $Pl'LAd the bLn¢fir rec¢ived i)ver tlie Icas¢ t¢rm ()r. if shurter, the i)erii)d Cndinbr ivkv.ii prLirailing mirket rentals will l)Lcume i)a3iable. Tan%ible Fixed A¥8ets Tan&riblc fix¢d R8set$ 11'e stAtcd at Ll)St le59 Llepi'eLiAti()n. No d¢i)ieLiAticin is pri)iided ()ii fJ'¢ehiTrld11na AnJ depteciqN()n ()n (Jther 15sets is pr()vid¥d at rates calculatcd t() write off thL C()st c)r valuitictrn ()F fixL'LI as5tt5, IL.45 th¥iT estym¢lt¢LI r¢8i£luAI VAlue, ()ver their expecrccl useful lil'i% lin A reducing l)'.ILqnce baqib. Ft¥ehc)Id Building- 2V/il pet q¢ niiiiin Mutor Ilchicl¢s- 250/1) pei Mnnum Equipment & furniture- 20n/fj p¢r annum Tan%iblL fixed aS5LtS C05tin%r mc)re than L2,IXIII arc capit2bsLd AnLI incluclLLI ii]iti211y at cust. ,¥ni' agsets thAt are c(trnsidcrcd tu be impaii'ccl in value ()f Lise are writtct) di)wn as required. 26 KINCJSIK'AY INTF.RNATIC)NALf.HRISTL.JiN CENTrE YeAT p.ndfd 31, li larch 2022 i) Investment8 Iiiirestments are sliown ar marlcet iralue 21 the balaLILe sheet dste. Any resulting Unre￿I￿elL grain Dr 105S is txkcn to thc fund to whicli it tclAtes. Sncial inve%tmciit propenics are ghoii'n .?t cost Ic$s impximient. On tl)L cli2ngL' of Lise i)f properucs tliclr Jre tr2n%tLrred frc)m tAngJhlL Fixed 185ets at their net hook v21ue at tlie date OE trAnsfer. Inventorie Inventvries are meAsured At tli¥ l¢)W¢L of cost atid selling, price less Lust tu complete xnd sell. Lust is LalLulated on a FLrst in first (lut l)asis and intlLides ail costs ijf ci)niierglc)n and c)tlier cc)8ts incurred in l)rin%in% the Inventories t() their prc%cnt locauon md conditiun. Provision is fur ohsoletc 2nd slow-moving itrins. J) Ca8h and Cash equlvalen18 Cigh ind ci8h eciLllI'IILnt4 cninpristt cK%h on hi1nd, ()n dem?nd dL'posit$ 2n(1 other qhort-terin higlhli IiqLiicI iniTL5meiits that are rLailiLiy coni'¢rtiblL' t(> 2 known aninunt nf CA8h anLI Art subject tD an inii%nificxnt risk tci changL in value. Foreign Curreftcies Munetari, assets and liiibiliucs di)minHted in fureign currencies ale tran$lated At. the rate of ex¢han%Tre rilling at thL bqlonce blieet date. Ttansactiuns in fureign currencie5 are recur£led at the rire ruling it the (lJtc c)f trantsactii?n. All diffLrencLs are tAkcn tn the 8tarcin¢nt (if fiiiancial actiiiitic¥. Funds Structure CIL'ner21 Eunds - these are funds which can hL us¢d in gccurdan¢e with Kl('C's ¢haritil)Ic ul)jects at tlie (lisc￿ ti()n of tl)c Trustees. Restricre.d Elinds - thL'¥L -Ize funds tcr¢iN'ul fi)r Lindertaking in activity Ipecified by the dc)nor. Dc%i&inAt¢LI fund* - these are func1% Set asid¢ i)}. thv'fru4t¢¢¥ c)ut i)f unr¢4triL¢¥cl &rvn¢rdl fuiiLls fc)L specifjc fLltute purpi?.ses or priTrjLCts. Flnancial Instrument The charitt, onlv his financial assets and finincial liihilitics OF a kind that qualiFI' As l)15ic financiil instrumciit) undcr FRS 1112 SCLtion I I. BA%ic finanrAAI insttum¢nts arc iniuall), r¢ro%ni%￿l Al transaction F21ue Aiid subscquLndJ nieasiirLd at tlieir settlement N'klue. At tlie end ()f Lach rLporting pcrii)d An assessment is rnAile N4.hethet thet¢ ib l)bl￿0Ve evidence L)f impaiimerkt uf Any EinAnciAI assets. If there i ubj¢ctive el'idence i)E impHirnicnt, ali impaim]ent loss shAU be recoginised immediktels, in profit ()r li)s.s The charittj sctrjcs CLrtJin SI￿ntIl Jrrnligeinents un a nLtting basis whL'reb4' the pirti, thqt owes after the netting off is reco￿1￿c(l as thc dcl)tur. 27 lilNC.SWAY INTP.RNATIC)N.41_C.HRisrtAN C.F.NTKE Ycat p.ndcd 3111 fvlarch 2022 p) Corporation Tax Tlie chatit!. is exempt fn)m tax on income aiid b7alllS IlPlthin s¢ctiOn 5.5 of the TAxe5 Act 1988 or section 252 01 the 'fAxAtiun uf CharU￿ble Gains Act 1992 to tbv extent that these Are Applied to its charit2ble objLctives. q) Critical Accoundng E8timate8 and Judgement8 .stim2tes And judgenieLlts Ate ci)ntinualli' evaluated 2nd are ba%ed c)n histr)rical c¥pcriencc and i)tlILt lact()rs, including Lx¥)ectativns ()f future eveTh(s that Are beb'ei'ed tu bc rcasun*blc und¢r lh¢ ciKcumstai)ccs. C.riiical acc()iii)ting cstimate8 and is8Uinptii)n5 llic cliaTity' Inikes cstini2tcs qnd assumptions )i)cerning thc future. The resultillg aCC()ut)tin¥ fb¢im3t¢s xnd assuiiiptic)ns will, l)y definirioll, seldc>m equal tli¢ r¢littd actual rLsults. S1)riJl inv¢4tnients xre held at L()5t less impdirment in acci)rdAnce ll'ith reL¢)mmended 2cc()untinLY prJ¢tiL¢. lTr¢ &Lss¢ssmeiit nf impaiTmenr ha* L)¢ei) l?Ased ()n the Chfirity's :IntiLlPatii)11 (If flltuie u.%e. including p11ns fi)r DI use (D1 USL class of pri)perti' refers tc) non-resideiitiAI in4tituti()ns, ￿.￿1¢11 incluil¢y aiiy kind lif prDPLrt!' th1t ma}, hc iis¥LI for educ2tic)1111, rnedical or religiou5 purposes), and ccinsiderin ny inLlicAtor% ol irnpairni¢iic. ('IRin).¥ f(>r bFifr aid ()n Tithes. L)fferings &nLI ()thet incvme Are basc(l i)n rcLc)r(I¢LI inLc)m¢ and eqtiinates 0 Fift aid rLCL>verabl¢. Thc uscfid ecvni)mic lives Attril)utLd to tangil)le fixcd assct5 3fL ¢Stimat¢d bv the tru¥tees and used to dctci'minc thc annuAI dcpi'cciAUOli cIIArk?c. Tlie tlXLStcL's regularly revieui tr?clL Llebtr)rs fur eiTidence i)f inip.?irment And rn11 Kc, pruvisi()ns AS Ippri)priate Anol reviewecl the pruFisio>n this ￿ear iunsideratii)n ti) tl)e rec()NeYy LfFI)rtq mAcl¢ and the letLgth of tinie in wliich th¢ ainouiits haiit L)ctn f)Utstandin% amid5r rhc cuttcnt ccoftoinic circuinsr2nces (per n()tL 10 on pige 361. Covid-lg Job Retention Scheme In the prior ye:Ir tLie chftrity incliided tl)e C-JKS grant in other income in its fin14 IICIII st?teMent￿. Durin8 thL PLri()Ll an amc)unt of £Nil (2U21.. £128,314) was claimed under the sch¢m¢. 'fhi¥ cimi)unt is reflected in Othet incomL c)n thL fac¢ of tlic S( )l.'A. 28 KINf.SWAY INTF.RNATIC)NALf.HRtSTIAN C.F.NTRE Yc8r F.ndcd 31it Mi arch 2022 2 Titheg, OtTerin89 and Oiher Income Yithcs, Offcri￿5 other inc()m¢ cDEnprise: 2022 2021 Tiihe.s atid ()fEctinqs (.onfcr¢n¢¢ Offerin&ys (Jift .4id 5,021,997 454,5l7 616,377 () IVJ2 8(JI 4,994,462 384,789 6611,17() (11)31) 421 The inLomc from ti¢lies, offering5 and c)Ihcr incum¢ was l.S,092.159I (2021.. LG,039.421) of which £5 l)50,666 Q2021.. £,5 CJ26.65C)) wa5 unrv5tricted ancl A'.142,22512021.. £112,762) TestricteLI. 3 Sub8idisiry undertAkin88 ThL Lh:irity has fil'¢ subsiiliAr)r un(lertskings, all i)f wl)ILh Are incorporated in l. ngldnd dnil Wales, 'As full()Mis.' iv Diirnidnt C.()mincrciil tradin% ictivitie during (-hriitian Cunferenccs, issued sliare capitAI (Jf 2 1)rain8ry sharLs uf Ll each Di)i'm'Ant Do>iTh'Ant DoLmant KJC.C Bi)r)ksti)rL. l.imitcd Kl('C Coiifereiic¢s liinited 1131186216 113727()3() iiio¢/. IU(W/fj Drearni1S*lSt l.imitcd ('(. rv Liniitcd KIC.C l.imited tN427224 11.5844794 07437262 ii)(v.I, IIIIP/i? All commrrcial tradinK i)perariDn income 1nd expLnaitLire rclare8 to Llrtresttictcil fund5. 29 IKINC.SW AY IN'fp.RNATIC)NAI.C.HRlS'fiAN CF.NrKp. Yeiii Encl¢(1.1l>l M￿ch 2n22 Summary Profit and loss accounts cc cc Conferences G)Dfctence8 Limited Limited 2022 2021 Turnc>ver c.ommercial tradin 10,405 10,4115 41.552 41.552 Li)st iTrf salL5 ￿la adniiiiistrAtiiic- C￿mMerCial trading char 18.177) (21.449) 121449 Net Pri)tJt iiicurt¢d b 4ubsiLliAiie.% 2228 20,103 SummAry BalanLe uheei6 A&SLt 5,()86 ii.3,oiw) 4,760 (2(J,1118) Due t() chArit nuie IS te %hire ca iral lliid trserve$ 44,980 47,208 Commetciol trading operaiion8 TLltni)vct Iin KICC. (.rin6erence5 liinitcd c t() ('haYit , fvi. USL uf L Yhihitiijtl 5taiid% 10,4115 41,552 10,405 41.552 4a. Investment Income 2022 2021 nk intLrc8t reccivablc Rcnt#l inciimc 7,427 8,13Y ()(},-3116 46,714 All ini'¢btm¢nt incoine was unrestrictLd in b()rli Jy¢ars. 4b. Othet Income 2022 2021 C.nrnnaNryru8 Job Rctcntion Sclicmc Soci11 Mcdix - Adi'cttisi I￿,314 2,598 130,912 13,863 13,86.3 InLluded in unrestrictcd oth¢r inLI)me in 2021 is £128k frnm th¢ Li>rciniiiifus.loL) Retenuon Sch¢mc (CJRS). 30 IclNCySWAY INTF.RNA'fic)NAJ. C.1 IRis'fiAN C.l..N'fRP. Year Ended_31￿1 MRtrch 2092 This is the only form of dir¢ct F￿ancial assisthncv that hds be¢n received trom die UK GOV￿nment 121121..£128k) an<1 th¢rc uicrc nn unfulFillLcl condi¢icbns nr Trthcr Cf)ntingcncies attaclicd tn this grant. 5. Expenditute by activity Gtoup Direct CoBts SILPIM>tt Co&ts Direct Co8t8 Suppwt C08 Total 2021 Total 2022 Activity Expendknire on rAi8in¥fundM.' Kaisinx ￿nT￿lI1}n% 264,762 218,532 483,2<)4 266.3.3fi 221,237 4¥7.573 21J4 762 218.53? 4bl.294 221237 481 571 Exp¢ndhut¢ o ch¥irif#ble n¢f1171ie•." l )utrL'scli MiJii¥tn' 1.471.141 1,714,878 1,252,969 1,477.-%92 2,724.112 3,212.471) 1.692.6.36 I.JY4,864 1.529,184 1.260.167 1,221.8?0 uhioixl -3 2(1(),Q?I .1 9.3(?..%Hg ? 781) J.51 Tolol ¢xp¢ndltur* 3 47U,7K.3 2 lJ4().Vl). 6.3()4.4?4 Direct Suppott Colli T01412022 DirL'ct C05t• &Jpport Cts¥tu Total 2021 ALlI￿ty Expendlture on 25(1.585 218,532 475,117 244,887 221.237 4(J(1.124 Subinial 25(1 .41$ 21115.42 474 117 244 tl87 2?] 2.37 400 124 Exp¢'tsdl¢vt¢ oft ch4rii¥ble 8¢1ivlfiV•,' QiiltL'ach 1,471.14.3 1,734,878 1,252.9fi9 1,477, j92 2,724,11 ? 3212,4711 1.529.184 1,3()4,8CI4 1.2(111,167 .1,221,821) 2,fy55,1131 Subtotal 3 2116,U21 2. 1 30..7Gl 5 ¢)1(1 Sy? 3 087 5(30 •78() 351 58rO ¥51 Total expenditure 3,1110.5¥¥ ().34? 1)7.5 [Tiirc$irictcd w)up charitable 5LCtiiriti£s eypcttditiite in tlit ptiur I'ettr 4021 w'.LS lJ.221,6l)O luy CIL¥iSt1Aii Ouir¢Jch dnd 1,2,56-, J65 fut c.hrl5ti￿rt Nqini$i4". Re&tricted knTroiup cliAritdble ictiviiies exE)endiLur¢ in Ihe PThL>r veal 2021 ￿'aS £130 for fhriblian OuireaLli and £87,666 fur fhrlbiian hlini¥iTh. ITnre%iTirL¢d rlidriijr cluNt2hl¢ aiuviiies exp¢ndiiur¢ irt Ihe pnc)r y¥Jr 2U21 N'us Ll,221,690 fnr f.htisiian (lui￿A¢h and £2,-561,3()5 Iiir (.'hristidn NlinisLry. Re5trirted chHtit! cliaritsblc aillVjLi1S cxpcndiiiirc in the pri¢>r I'¢ar 2021 Ll 311 fi)r C.hristifin ()LitteAch fintl £.87,6()6 fnr Lliri%iiAn Mini8¢ry. 31 LclNC.SWAY INTF.RNATIC)NAI. C.1 IRiS'fiAN C.F.NTRF. Y¢2r F.iidcd I1￿1 March 2022 6 Expenditute by natute Expenditure on r￿sing fund8 2022 Suppoti C05t$ Tot 2022 Activlry Dtrect C08t8 SrAff Co8ts 177,7<)? 78,78 1S.177 177,797 78.788 11,177 IY,(125 27.946 Bai)k C.'hAr%e8 1￿MMercialTradIn¥ (note 31 C(sniniunic2ti()n% & htsrketin% Cyuvernince 1g,Q25 27 1)4( FinAnre 21231 3.3,421 27.78CJ 119.12(1 21Y.532 21.2.31 AdiiiinisirAtivn ()PLNritsn$ Pi ery &. F4cthty (.c)St> 9,120 483,2Y4 Ti?Ml- CFfiiu 264,7(12 18,177) 18,1771 TL>ral. Lh?tit}' 256,-585 218.$32 475.117 2021 Suppart Coit8 A¢tlvlty Dlteci Co8t• 2021 SIAff C()$ts 181,4CI 63,41Y ?1.44y 181.468 Bank Cha￿t$ & IntefC5t C.omn)c￿Itll1É(l1ftK In¢Trte.3) c(Imm￿niC￿li1j*I¥ & Aqxrk¢iink Gni'rmftncc 21,449 20,010 2.4,H112 25,IIV2 21,532 A41l*Lni%trntiun 33,IK15 311,7()5 84,033 L'rti. &. b?Lilirv (A)¥ts 84,ft33 221,2.37 487,573 l.c%% C.oJnmeYciql Ttaclin (21,4491 121,4491 Tutal- l.'lianLI' 244,NA? 221,2.37 460,124 LlntestTILted gruup ¥aising funds expenditurt in the piioi. }rear 2021 upll¥ £487,573. Theie was no restricted eKpendiiure. ITnrcstricted charityp rnis1nL￿ funds eFpendiiur¢ in the prior l-ear 2021 wa5 £466,124. Thei'e Testhct¢d cxpenditut¢. 32 lilNC.SWAY IN'fi-:RNATIONAJ. CHRISTIAN CF.NTRF. YeAr T'.ttded.31¥1 March 2022 Expenditukc on charitable activities 2021 Activlties Aciivitie¥ u￿de￿ak¢tt utsdertaken Suppoit dite¢tly direetty Costs Outseach Minl8try Outrewh s￿PpO Costs Ministry Toial FvAn¥tlgm Gjsts Siiff Cv5ts Kcnr &. Rare4 Othrrl.ust5 l J37JO3 127,791 5¥? 805 372,262 118,i14(1 643,312 18,45.1 ,)20,it .?IMJ,Ui3 6,041) 18,4)3 177.7111 34¥,lYI 265,281 417.$92 347,22.5 LnmmunicArKin% & Matk"ering CiiTrvcm2nic Finaocc 128.6.17 188,958 14.3,5i2 225,972 187.¥94 1rf)2,.57lJ .492 1(1023. 121,729 IYl,620 15().131 C)PLThtions &'frnstLi Suppoit etti. & Li￿11. L41¥15 1714 8-,8 969 5 9.36 582 1734.8-, 1,252.9b9 5 lJ36,5112 21F21 ALtiviiies Activitiei ufftderi#keii undtrtoktn direcdy Oiittea¢h Suppofl Co618 Miiiiutry Oiitte*ch Support Coit• Mints Toi•l 2021 l.'Y*r4pLl%in C￿% 378.124 .171),y4¥ ,Y.34,,liS 10.17¥ 70,1)89 13tl,4311 Rent & RAies 5,875 lJrop&r4. C￿11%￿hn(l. l.ogt (,(JnimuniLAIKif15 th Mgrk¢iin 5,419 252,2811 J(>s'erri￿￿rt 1711.96.1 148,8.11 228,111 2_44,117 580,834 1.3l)4,864 1,529,184 147 479 122,64Y 187,998 FlliittcL' AdmiThiNtntiun C)peraiion.4 & Tru5tce Suppott 271.480 416,129 4(11,526 4-.8,652 1260.167 1,6()2.6.16 c ti) thRNI , Ivi we lit exliibitiun 81011d5 1,3)l 4,8(A 1,529.1114 5,8711,8il Expenditure ()n chariry. .85ll (Jf wluch £5,77fi,2n7 P(121.. £5.789,n551 wos uniE£Lritted A.'l(10,375 (2Q21.. L87.79111 ￿.15 Lert c()%tx are appi)rtic>n¢d bH8ed on direct co¥tr of CharityA￿le actii'itiv%. Supptsri co%t% includ¢ excharwe wn%/ O,,.. .) UE £1,4111121121.. LI,4101. 34 liLNCySW AY INTF.RNA'fLC)NAJ.C".HRlS"fiAN CF.NTRF. Yexr 14mled_31. MRrch 2022 8 Staff Costs and Trustees, Remunwation 2D22 2021 X'aRes & Salati¢ b(Jci%l Security, Lc?sts Peiiqivn Costs 1,6M,611? li8,934 56,334 1.84lJ.870 1,879,316 No rLmunc'rarion And cxpen.ses hAie bcen paid durinK the yeqr tn tlie TrLtstees (2021: £nil), 1.664,229 157,650 71icrc were .Eix emploj'ees wh05c cmuluments cxceedcd 1'60,Ot)O duting thL' periud. Une hacl salary in the ran4¢ of L60,(10() to L70,00(I, ttlTO liad salarie8 in the rAngL of £70,(1(11 to LlS().OQO, on¥ had sa12ry in tile range of £8U,UOI to AWO,000 and tw() had annual 8.qlqry ITh the rartge of L()U,001 to £ioo.000. Durin¥ 2021. thL're were six etnplo)Tees whi)8c erni)lunients exceeded £6(I,UIIU durin¥ thc i)eii()J. Tw(I had s3lAries in tlie raiigFc of L6U.001 to £70,(M)O, oiie hail 421I1ry' in thv tl¢ ngL i)f £70,001 t() j811,IMIII, tWL) had idl:ii'ies in the i'angie i>F LBII,001 iLTr £9U,UUU Jnd L)ne h..Id gnnual %alilry in the r2nge of £IJO.001 tu A,'Illll.0011. PLn%ic)n contributiOll8 in rL'bpecr ()f these Lmpl()yees grnUUlltL.d ro L54.179 (21121.. £53,922). Tlie k¢y niAnagenicnt pers()nnel (as clefincd nn pa.iye 14) of the pareilt chxtity an£1 th¢ Group ci>ittpriqcs thL trustccs And thc 8Liii<)r Inali8&￿mLn1 tLani i)f KiiiLF%WA}' JntLrnau<)nal C,hristiaii (.entre. TLIL. trustees ai'c llLFt reniLinerat.eLI and tli¢ t(Jt:Il Lmpliiyee c()srs i)f thL' ¥eni()r mqnagcment pL'rsonncl vt thL tcam wcrL L()112,421 (21121.. A',579,(12A). including empl())'ei's' n1tiunal in.surJnce conti'ibutions (if £-fj(),687 (2021,. £.fj7,ni ()) nd pcnsi()n cnniributioiis uf L'4￿.2￿1) (21121.. 147 I)31). 9 Staff numbefg The aven)ge number uf einploJe¢s emplovcd durinR the I'ethr was made up as f()Ilows'. GROUP & CHARITY 2fj22 Admini8tr.iiion, markeung Knd commer¢ial FiNAnce Pa$tiJtAi lini5 24 30 10 47 49 35 KINC'%W AY INTF.RNATLC)NAI. C.HRlS'fJAN CF.NTRF. YtAt F11dtd fy1￿1 March 2022 10 Net Income/(expenditure) N¢t incomcl(expcriLlitutL') for thc yLar is 8farixl afrer chaTgying,/(crcL4itinQ'. 2022 2021 Depreciati(In of tfingible fixed assets Impaitnienl uEdebtors . Proilision in I'elr Impiirment of debt()￿ . Recoi'crtd in !'eAr Opcrxtinx Icase chArge% - plant and machincry hlortktrage & Hire purchase interest F xchange losses ,IuLlit(11s remunerii ti(In.' ,luth'i s¢tk'j¢¢4 r¢ PArent Ilurrc'nl J.'c'ar Audit seThicc8 re patcni (prior )'earl ,ludJ't seThice8 re subsidiary Ni?n 2ULlil services,. TAxitiLin L(Impli2nce Taxitii)n Advisory The C'l)1tity's l-()undLr, Vi.qicinirip ancl Senir)r P415tc)r, Pastcir Nqartliem. is n()t remunerAted by t.he Llurity,. In light nf that tli¥ ("harity macl¥ byilits in cash of £Nil P1121.' L(J(I,IXKI) to l)asti)r Matthew as pprLciation fi)t his scrvicLS to thc C.hariry. 506,248 148,357 li,-4181 9,998 25.866 297 59? 867 175,975 ),Y98 25,117) 1.410 49,OINI .1221M) 6,OCiI 44,.S1111 6,000 3,7.50 1,4.511 1,450 36 IclNC.%WAY INTF.RNATIC)NAI.LHRLS"fiAN CF.N'fRF, Yen¥ l yMl¢xl.Il&l Mai'rh 21122 11 Fixed Assets - Gtoup Freehold Equipment & Furnityre Motot Gtoyp Property Vehicles Totgl COST: At l April 2021 Idditions 12,256.94t 11,282 5.281,684 1232,411 18,771,036 15.51)U Dis i)sJ14 At 31 March 2022 12,265,223 5,288,992 1,212,411 18,78&626 DEPRECIATION: ,,It l Aprbi 2(Tr21 LhaT¥C for ihe )'eAr Ebmin%Jted t?n dis 2,624,187 192,6113 4,167,01.1 224,395 7,667 128 $01>248 89.170 At 31 March 2022 2,817,070 4,J91,408 964,898 ,173,376 NET BOOK VALUE: At 31 March 2022 9,448,153 897,584 267,513 10,613850 It 31 M2tch 21121 9,()32,554 1,114,1>71 .3fi6,()8.3 All fixed asst'ts ire used fi)f ACtiVitiLb th,.It f211 within the Chariry's chiriiAhle ()l)jL"Cts. All iiiutUL Irehicles ni)W LXLliides hire purchL%e ci)n(rqLts, in 2U21, thc nct bvok value in rcspLLt of xs4cts licld undcr hite i)urclia%c contrActS WAS £31 C) C)11(l. 37 IKINC'5IK'AY INTF.RNATIC)NIll.C.'I IRLSTIAN C.P.NTRF. Ycar EiidLTd.l]>l March ?022 12 Fixed A8$ets- Charity Freehold Equipment & Fumliute Motot ChAtity Propetry Vehicle5 Total COST: At l Aplll 2021 Additi(>ns 12.256.941 8282 5,221,iU() 3n8 1232,411 18,710,861 15.59n At 31 March 2022 12,265223 5,228,817 1.232.411 18,726,451 DEPRECIATION: At l .4pii12021 (.'liaryFc fi>t the l'ear Fthniinatcd i)n Llits 2,(124.187 IL)2,6¥3 4.107.>1.1 224260 87S.728 119.170 7.(107 (?28 506.11.1 At 31 Match 2022 2,817,070 4,331,773 964.898 8,113,741 NEf BOOK VALUE: At 31 Mtyrch 2022 9,448,153 897,044 267,513 10,612,7111 Ar 31 NIArch 21121 ).1>3? 554 35(1,6¥3 11,103233 38 IklNC.SW'AY INTF.RNATII)NAI. C.1 IRLS-fiAN CF.NTIU." Yent F.ndrcl 11,, March 2022 13. Social Investment Properties Tli¢ ilse nf the ijrgani5ati(In's pri)perties (lid rLOt chAngc in the }'eat. Its property pc*rtfr)IiD at thc }rcar￿Li]l4 hL.ILI thrcL propertlLS as %ocial iiiVL%tsIILnt. The three SOCi¢ql inN"LstrnLnts are at Mlf nche%tcr, Birmiiiuhai]i anLI Ess¢i. There ￿Pere no dispusats. uf a 81)Li￿ iiivestmtnt PTOPCth, in the Y￿r. Group and Charity COST: At l April 2021 Additions in thc )iear vsa]s' in the 'L'Ar 1,83.3,170 At 31 March 2022 1.833,170 'tliL P.ss¢x propii'ri. CLiuirc(l in Nni'LmbL'r 21119 ar thL c(i%t ()f A-,805,000. Tli¢ charity obtAinLd A m()rtbfRkpe of £,420k, finali%id (In 4 D¢cembLr 2021), fur tlie social investrneiit iir(Ipeiiv PUTchased in N<)venibei' 201 (). The mcirt%age has heen fLIII! repaid After the i'ear-eiiLI iii Ma). 2022. 39 IklNC.SW'AY INTF.RNATIC)NAJ. C.1 IRI%TIAN CI.'NTRF. YcRr E'ii(Ic(111¥1 MArch 2022 14 Inventories Gtoup 2022 Group 20 Charitv 2022 Chariry Finishcd vods- Ini-¢ni(JriL5 3,50 7iQ 3,750 15 Debttsr8 Graup 202Z Group 2021 Charity 2022 Charity 2021 I'trddg Debtut 239,40 2.ICJ,400 231,004 Amount% cliiL. fr(>m 8Lib%iLlixrie$ -17,254 Oth¢r Deljtors 228,27Y 15;,598 228,2?9 157,5915 A¢¢rn¢d li)cvm¢- (Jift Aid 89,881 618,79) 89,881 618,7()5 Prcpaiimc'nt 'JO,171 711,423 90,171 (147,711 1184,I)H4 1,122,Xl)8 I'radc DLbturs - BAIAncLs include Jiiiounts pti)vi(Icd f()r ()f1,'14.3k (2021.. £175k). 16 Short terni Inve6tment8 and C08h at bank Group 2022 Group 2021 Charity 2022 Cliari¢v 2021 Short term clLpu%it¥ C1sh ancl bi1nk balanc¢'8 1,671.637 2,178,470 1,671,6.37 2.178.470 2,-S()fj.036 1,214,7t15 2,557,341 1.211.M511 4,23.3,67.8 3,-393,255 4,228,978 .3.-31)U,-320 Shurt t¥m] investsnents/depusits iepiesLnt accounts ￿,hele 30 days, ni)tice is rcquired in ordcr ti) transfer fuLids. 40 IKINC..SWAY INTP.RNATIQ)NIlI. C-.HRI.s'fiAN C.FNTRF. Ycar P.ndea.31¥1 MArch 7022 17 CreditorB: Amount Falling Within One yeat Groiip 2fj22 GTOUP 2021 Chariry 21)22 Charity 2021 TTade frttlit()r8 341289 22.3,96(1 341,289 223,960 C)thLr Taxes and Social Security, CA)Sts 37,680 IltbLr CrLYlit(>ts 138.161 317,947 130,512 M3,759 Hire Purchasc f.redit()rs 87,179 7,179 Ilank Lnxn 15.656 15,656 AccN,115 lind D¢feryed Inc()m 3Ui.719 25132U 246.320 834,782 21.77.3 914,01.3 . Defetted Inc4)me Group 2022 Gr(pup 2021 Charity 2022 Charity 2021 As at l ilpril Am()unt rclclised to inci)me Amr)unt deferred in year A5 31 tslarch D¢fLrru'J incum¢ reprc%cnt21 advance billin%% f()r Airrimc un KT('C.'s TV clianncl. 31,865 62,618 (31,865) 162,618) 28,577 28,577 31,865 62,618 (31,865) ((12,618) 28,577 31,11(1. 28,577 31,8fTr5 31,t4()5 b. Credltor8: Arnount Falling Duc Alter Morc Than One year Group 2022 Group 2021 Charity Charity 2021 Bank Liian 385,532 .38fj,1.32 401,188 4UI,188 385,5.32 385,5.12 401,188 401,188 41 lilNC.SW'AI' IN"rF.RNATLC)NAJ. C,HRlS'fiAN C.P.NTKF. Tr"Ciir F.iN4cd Il¥1 fvIRrch 9022 Bink loan represents the oiitstranding capital iT21ue of the ninrt.qa.qe. This relates to tlie social in&estment propemy in Cvral's, F.ssex (see notc 13 for rh¥ carr5on&F value [)[ th¥ pr(IP¢rnT). The mortW.Lge 1% flir a term ot 20 }reais with a illLinthly repAyment of 1,2,485. 'fhe has been tepaid after the se21-encl in MAY 2022. The mi)rtgAgc was sccurcd nn thc All Saint5 C.liurch Jnhn SrrLLr Gr&2y8 Essex ILM17. . Hitc PurLha8¢ Creditor6 Group 2022 Gtoup 2021 Charity 2022 Charity 21121 Due witl)in f)n¢ Irtar Due beN4'e¢n nne and fv'n ipears 87,179 87.179 87,17() 2022 2021 2L122 2A121 Du¢ Mitl)in i)t)c Ipear l)ue beN'een one And M'() )'¢ars Diic l)cMpccn two #nd fiiie )'e&rs 15,65C? 16,217 3(19,31 S 15.115 15,656 1.1,65() 16,217 3(19,-315 15,115 15,656 385.532 416,.311.3 4111,18 41(),.3113 42 ll VI1iWLYSlti fuiNI Airfupee r'uiid 5,186 483 1.30.3.56 142 22$ 44.12) RL'HTriLted Funds. ChArity Inwmin8 l Apdl 2020 R¢¥iJlir￿0 Out￿lAg ReJoL1r￿ TtAnNf¢ts 31 M￿ch 2021 Uiiildiw Funcl Llnirt'T51ti' Fund 2.5.674 124,6",41 1130) R¢￿trIct¢ll diM&iuons frill 24.55• ?4.552 Jiii(o D¥sign3ted fundb hail¢ been crLatLcl frjr tl)¢ fc)Ilvwing purpo%Ls: 7 2nwlile Fixed assets luncl To liighli¥ht the reserves iniTested in the tangible asset8, Si)ci Inve8tmciits used l)y the charit}. iii carryinx out its ()peratii)n8. ThL' amount tu l)L designated represents the t()tql net bovk iialue L>f fLxed as5Ct4 'it the }'ear-end less 'an}' fixed assetb held iii rebtricted funds (Nil). 'fhe traL15fer in thc !'car represent5 the movement in the net book Naluc of tanbyiblc FLYcd asscts dutiag thc }'¢ar. Re%tricted Funds have arisen for th¢ follc)wing putpvses: Tl)L ESuilding Fund is for thL builLlin.4T of churchcs ana chapc15 and thc UnivcrsitiT Fund is f()r thc dcvclnpmcnt atid building of x university. IklNCTSW'A Y IWtF.RNATIC)NAI. C.HRlS'fiAN CF.N'fRP. The Airforce Fund Yepresenrs fundb tou'arcls the airing of LICC TV and raLlio btoailcast ftom our TV ancl r-.IL4if> nutrLarh partners. Rc$tticted don'.Itii)ns fund kcptc%cnt4iMPLII i>ther donation5 rgc¥ived Ec)t sp¢cific pro)j¢Lts. in the current srciir it inclucles Lloiiationy rcccii-cLI toiiT2rcls the ChristiiiA$ hAmp¢rs outrL"ach and thc Noab's Ark Fc)o)d baiik. An xmount of £12.7.57 UTIS transfcrrLIl fr()m unrcstricted flinds into thig flind during tlie year. 19 Cash flow inform2tAon for the Group and Parent charity a) Reconiiliation of net incotne/(expenclitutc) io nct casli flo￿. from operatin4 aCtLITiiies Group 2022 Group 2021 Chariiy 2022 Chatity 2021 in¢Dnwll¢xpetsdllutvl fut the rtpartlft pttk•d lu8 per ihe Maitmen¢ Trlfirbgth¢LAi -16(1,11.35 5918()7 17,1111 -l(KTr,113 DcpT¢Ciatic)n Ll)ArKe$ Inrerest PIILI Inr¢r¢sr receiired KLni4 recLived fTrJm utliLr ini'¢s¢m¢nt5 Dccrcjsc in iiiveii¢i)IlLS SC)2.698 2.5,1175 18,1 IC)) 138,57i} 1,82JJ 2.5.8(16 (7,4271 188,8814 1,4( 444.1188 (19,8(?2 IH,139) {-311,7751 (1,42 I￿8,￿8(1) I,Ix)11 487,913 77,019 DccrcAsL in dLbtors Increu5c in cfLditurs 5fi,1117 2Jl 18()0 28",.)81 Nct cysh geneta(ed by operdtlDg activitie¥ )711,503 l ?fS5,()(rfl 1)6H,743 1,289,IXk4 b) C()nM)lidaled analy%i4 of changcs in nct ca¥h/(dcbt) for the Group and Parent chxrity Notc l Aprll 2021 Caghtlow Non Cll8h 31 M%irch 2022 Moi'elnent Shc)tt te￿n deposit$ C#sh .Ancl bunk balanres 16 2,1711,47U 1 214785 3,-1(J.3,25.1 {506,8.111 -347 251 8411,41 1,671,6.17 16 4,23.3,673 Sl)L)rt term 17 17b 17c I￿7,179) L()nR tcrm 87.17() Short tnunt du¢ fcTrr future minimuni led5c payJneThts in respect 0£ non-cancellAble operating leasc5 which fall diie 28 follows: 2n Land and buildinA8 Am()unt due iirytl)in (Jne year l)ctWL*n unc atxl two )rcar5 Ixtween twu ind fivc yc3rs 10,667 Motor Vehicle8 & Equipment5 Ilm()Lint due.. within i)n¢ I'car l)eNreen i>ne a11d tw(I I'eArs beN'eea N'(1 And five I'LftTY ),998 4,1( 9,998 4,166 The gTrroup as a le550r: At thL ¢nd ()f the yL'Jr the grc)ui) liqd Contracted with tenant8 under nc*n-cincL.UiblL'