| Annual report and financial statements —31March 2022 | Annual report and financial statements —31March 2022 | |
|---|---|---|
| Contents | ||
| Page | ||
| Trustees' report |
||
| Independent examiner's |
report | |
| Statement offinancial activities | ||
| Balance sheet | ||
| Notes to the accounts |
| — | |||||||
|---|---|---|---|---|---|---|---|
| Year ended 31March | 2022—— | 2021 | |||||
| Unrestricted | Restricted | Total | Total | ||||
| Funds | Funds | Funds | Funds | ||||
| Notes | (General) 8 |
(Note 9) | |||||
| Income | |||||||
| Donations | and | grants received | 2 | 136,945 | 37,500 | 174,445 | 113,986 |
| Invesnnent | income | 3 | 1,795 | 1,795 | 1,730 | ||
| Total income | 138,740 | 37,500 | 176,240 | 115,716 | |||
| Expenditure | |||||||
| Charitable | activities | 4 | (140,382) | (31,200) | (171,582) | (68,395) | |
| Net income/(expenditure) | (1,642) | 6,300 | 4,658 | 47,321 | |||
| Net gains | on investinents | 7 | 4,565 | 4,565 | 9,982 | ||
| Net incoming | funds for the year | 2,923 | 6,300 | 9,223 | 57,303 | ||
| Funds at | beginning ofyear | 161,884 | 25,600 | 187,484 | 130,181 | ||
| Funds at | end | ofyear | 164,807 | 31,900 | 196,707 | 187,484 |
| 31March | 2022 | |||
|---|---|---|---|---|
| 2022 | 2021 | |||
| Notes | ||||
| Current assets |
||||
| Investments | 7 | 102,667 | 58,102 | |
| Debtors | 8 | 2,132 | 18,190 | |
| Cash at bank | 92,078 | 121,765 | ||
| 196,877 | 198,057 | |||
| Current liabilities |
||||
| Creditors: amounts falling due within one year |
9 | (170) | (10,573) | |
| Net current | assets, being net assets | 196,707 | 187,484 | |
| Funds | ||||
| Unrestricted | funds - general | 10 | 164,807 | 161,884 |
| Restricted funds | 10 | 31,900 | 25,600 | |
| 196,707 | 187,484 |
| Di | ||||||||
|---|---|---|---|---|---|---|---|---|
| onatons | and | grants | receivable | — | ||||
| Year ended | 31March | 2022——2020/21 | ||||||
| Unrestricted Restricted |
Total | Total | ||||||
| Funds | Funds | Funds | Funds | |||||
| (General) | (Note II) | |||||||
| g | ||||||||
| Churches | 16,583 | 16,583 | 19,501 | |||||
| Individuals | 95,257 | 4,000 | 99,257 | 30,095 | ||||
| Diocesan | Evangelical | Fellowships | (DEFs) | 1,750 | 1,750 | 1,400 | ||
| Trusts | 11,455 | 32,500 | 43,955 | 49,000 | ||||
| Council meeting | donations | 3,486 | 3,486 | |||||
| Gi(t Aid | 8,414 | 1,000 | 9,414 | 13,990 | ||||
| 136,945 | 37,500 | 174,445 | 113,986 |
| nvestme | nt income |
||
|---|---|---|---|
| Unrestricted | Funds | ||
| 2021/22 | 2020/21 | ||
| Income | from investments | 1,708 | 1,658 |
| Interest | receivable | 87 | 72 |
| 1,795 | 1,730 |
| —— -Year ended 31March |
—— -Year ended 31March |
2022—— | 2020/21 | |||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||
| Funds | Funds | Funds | Funds | |||
| (General) | (Note 11) | |||||
| 8 | ||||||
| Staffcosts | ||||||
| ~ salaries ~ pension contributions |
60,756 1,183 |
60,756 1,183 |
5,616 168 |
|||
| ~ Social Security costs |
1,231 | 1,231 | ||||
| 63,170 | 63,170 | 5,784 | ||||
| Theological Consultant (Note 10) |
31,200 | 31,200 | 31,200 | |||
| Other consultants | 860 | 860 | 3,099 | |||
| Office equipment and supplies |
2,224 | 2,224 | 1,071 | |||
| IT, communications and website |
3,166 | 3,166 | 279 | |||
| Staff meetings, travel and |
accommodation | 3,637 | 3,637 | |||
| Working Group and trustee costs |
650 | 650 | 335 | |||
| Council meeting costs | 6,874 | 6,874 | 200 | |||
| Grant to Evangelical Fellowship |
in the | |||||
| Anglican Communion |
(EFAC) | 10,000 | 10,000 | 10,000 | ||
| Development ofresources |
for DEFs and | |||||
| CEEC member networks | 35,432 | 35,432 | 15,860 | |||
| Professional and advisory |
fees | 13,403 | 13,403 | 498 | ||
| Insurance | 560 | 560 | ||||
| Books, publications and subscriptions |
310 | 310 | ||||
| Bank charges | 96 | 96 | 69 | |||
| 140,382 | 31,200 | 171,582 | 68,395 |
| The Council h | olds 4,639.98(2021 —2,847.22) Income Share | s in the CBFChurch ofEngland Inves |
tment Fun |
|---|---|---|---|
| 2022 | 2021 | ||
| Market value | at beginning ofyear | 58,102 | 48,120 |
| Additions | 40,000 | ||
| Gains during | the year | 4,565 | 9,982 |
| Market value | at end ofyear | 102,667 | 58,102 |
| Debtors | ||
|---|---|---|
| 2022 | 2021 | |
| Prepayments to suppliers Gift Aid receivable Donation receivable |
2,077 55 |
13,990 4,200 |
| 2,132 | 18,190 |
| 2022 | 2021 | |||||
|---|---|---|---|---|---|---|
| Donation payable to EFAC Accruals |
170 | 10,000 573 |
||||
| 170 | 10,573 | |||||
| Funds | —— 2021/22—— |
|||||
| I April 2021 |
Income | Expend- Gains/ iture (losses) |
31March 2022 |
|||
| Unrestricted General fund |
funds | 161,884 | 138,740 | (140,382) 4,565 |
164,807 | |
| Restricted funds Theological Consultant |
25,600 | 37,500 | (31,200) | 31,900 | ||
| Total funds, | represented | by net current assets | 187,484 | 176,240 | (171,582) 4,565 |
196,707 |
| Unrestricted | Restricted | Total | ||||
|---|---|---|---|---|---|---|
| Funds | Funds | Funds | ||||
| (General) | ||||||
| Income | ||||||
| Donations | and grants | received | 66,886 | 47,100 | 113,986 | |
| Investment | income | 1,730 | 1,730 | |||
| Total income | 68,616 | 47,100 | 115,716 | |||
| Expenditure | ||||||
| Charitable | activities | (37,195) | (31,200) | (68,395) | ||
| Net income | 31,421 | 15,900 | 47,321 | |||
| Net gains | on investments | 9,982 | 9,982 | |||
| Net outgoing | in funds for the year | 41,403 | 15,900 | 57,303 | ||
| Funds at | beginning | ofyear | 120,481 | 9700 | 130181 | |
| Funds at | end | ofyear | 161,884 | 25,600 | 187,484 |