## **CENTRE FOR THEOLOGY AND COMMUNITY LIMITED** **East Crypt, St George-in-the-East. 14 Cannon Street Road, London E1 0BH Charity Number: 1121648** **Company Number: 5848143** ## **REPORT OF THE DIRECTORS** ## **FOR THE YEAR ENDED 31 MARCH 2022** The Directors have pleasure in submitting the Report and Accounts for the year. **Objectives and activities** The object of the Centre for Theology and Community Limited is ‘to advance public knowledge and mutual understanding of the teachings, traditions and practices of different faith communities including promoting good relations between persons of different faiths in particular but not exclusively by providing education and training, developing a network in order to share good practice and experience, by facilitating supervised placements for students and by engaging in research.’ Our main area of operation is East London, and much of our work is with Christian congregations – equipping them to work with their neighbours for community transformation, through the practices of community organising, theological reflection and prayer, and helping them to use their resources more effectively to fulfil this mission. A key partner in this work is Citizens UK, and its local affiliate, London Citizens. ## **Government** The organisation is a charitable company limited by guarantee, incorporated on 15th June 2006 and registered as a charity on 21st November 2007. The company was established under a Memorandum of Association, which established its objects and powers, and is governed by its Articles of Association. In the event of the company being wound up, its members are required to contribute an amount not exceeding £1. _Recruitment and appointment of members of the Trustee Board:_ The directors of the company are also charity Trustees for the purposes of charity law. At the end of the first year, all Trustees are required to retire, and one third will do so at subsequent Annual General Meetings. The Trustees have all received training on their responsibilities, and the Chair of Trustees is responsible for the induction of new Trustees, when the occasion arises. This involves ensuring awareness of a Trustee's responsibilities, the governing document and the work of the charity. Page 1 The Trustees of the charity are currently John Deacon (Chair), Vanessa Conant, Cecilia Dewu and Josephine Canny. _Organisational Structure:_ The Trustees are responsible for setting policy and strategy. Day-to day management and running of the charity is delegated to Canon Dr Angus Ritchie, the Executive Director. _Membership:_ The membership of the charity currently comprises John Deacon, Vanessa Conant, Cecilia Dewu and Josephine Canny. **Achievements and Performance** In the midst of the continuing challenges of a global pandemic, the Centre's work has continued to flourish and grow. Once again, the Trustees want to pay tribute to the dedication and creativity of the staff team and of the people and congregations with whom CTC works. The Centre’s growing impact, in such challenging times, is also a sign of the power of its methodology – developing local congregations and their leaders through community organising, rooted in theological reflection and prayer. ## **1. Organised Churches** CTC has three main strands of work focused on developing organising in Anglican, Roman Catholic and Pentecostal congregations. Our work in the Church of England centres on a programme on _Harnessing the Potential of Community Organising for Congregational Growth._ The programme has funding from the Church of England’s Strategic Development Fund. The independent mid-project evaluation shows the impact of this work on smaller, inner-city churches – and the potential to help them grow in number, depth, impact and financial resilience. The Centre’s partnership with the Parish of St George-in-the-East continues to support the church on a parallel journey, and with St George’s, CTC is at the heart of the renewal of the Guild Church of St Katharine Cree in the City of London as a church focused on low-waged workers. The William Seymour Programme has funding to accompany three Pentecostal churches on a similar journey over the next three years, and while the project is at an early stage, it is showing encouraging signs of impact. The potential for such work in local Roman Catholic congregations is great – with interest growing after CTC convened an online international conference on Catholicism and community organising which received a video message from Pope Francis. CTC has now become an Ecumenical Partnership Member of the Caritas Social Action Network (CSAN), and plans are developing both for local parish development work and for an international community of practice. ## **2. Organised Leaders** The Wagstaff Course is a year-long evening class in faith and organising, and is now integrated into work with local parishes and congregations. It has continued to grow and develop, equipping local leaders to respond practically and spiritually during the Page 2 pandemic. We continue to offer internships to graduates from outside east London, through our thriving Buxton Leadership Programme, and this year recruited a new staff member to develop a Apprenticeship programme for non-graduates, many of whom may be drawn from our local congregations. Our pioneering Chaplaincy at London Design and Engineering University Technical College (DLE UTC) continues to be a much-valued hub for developing young leaders, and we are exploring how it can become a resourcing hub for wider work. ## **3. Organised Neighbourhoods** We continue to deliver the Near Neighbours Programme in eastern London for HM Government and the Church Urban Fund, and have a particular focus on the way community organising can help to create and deepen relationships across faiths and cultures. In east London, the programme is blending the approach of broad-based community organising with that of asset-based community development in ways that are mutually beneficial. During the pandemic, our work in Shadwell has exemplified this approach at a particular intensity and depth, with the “Shadwell Responds” neighbourhood alliance co-ordinating mutual care and aid – and strengthening the wider organising work in that area, particularly on the issue of housing where Trust for London is funding a significant piece of work by CTC to secure affordable homes around St George-inthe-East, alongside the land already won for a Community Land Trust. ## **4. Missional Enterprise** At the end of January 2022, we said farewell to Tim Thorlby who had been on secondment, managing Clean for Good, demonstrating the viability of its ethical business model. The Trustees are grateful to the leadership he has shown, and to the hard work of all the staff of Clean for Good, which has enabled the company to weather a very challenging period and emerge stronger and more secure. CTC remains a key shareholder in Clean for Good, and is exploring other projects that can harness assets and enterprise for mission. ## **5. Research and Reflection** All of our action is rooted in theological reflection and prayer. We continue to produce blogs, podcasts and opinion pieces to equip congregations and their leaders – and our conference with Pope Francis has been a catalyst for conversations about future research partnerships, and ways to share resources and insights more widely. . ## **Future Plans** The Trustees look forward to the future with confidence, with each of CTC’s areas of work in 2021-2 providing a basis for deeper work in east London in the years ahead – and a greater sharing of learning with partners in other places. Page 3 In planning all these activities, the Trustees have had regard to the guidance on public benefit issued by the Charity Commission in December 2008. ## **Financial Review** The Charity's accounting period ended on 31 March 2022. Unrestricted free reserves at 31 March were £14,933 (up from £12,315 in 2021). We have achieved the target set last year of reversing the deficit in unrestricted funds, so that we can begin to build up our free reserves to our target of three months ’worth of unrestricted costs. ## _Principal Funding Sources_ The main funders for the year and income relating to the year for each funder are outlined in the accounts. ## _Conflicts of Interest_ The Trustees regularly review potential conflicts of interest, and will be mindful of this in the recruitment and training of any new Trustees in the year ahead. ## _Investment Policy_ The funds received during the period under review were not sufficient to justify separate investment. ## _Reserves Policy_ The Trustees recognize the need for a reasonable level of reserves to protect the charity from fluctuations in funding and sudden emergency requirements. As indicated last year, our aim has been to build up free unrestricted reserves to three months unrestricted costs (around £28k). At the end of the financial year 2021/22 we achieved unrestricted free reserves of £15k which was a slight (£3k) improvement on the previous year. Trustees therefore consider it to be appropriate to prepare the financial statements on a going concern basis as the charity is able to meet its day to day working capital requirements and this is not expected to change in the next year. ## _Risk Statement_ We continue to keep the Charity’s risks under regular review, conducting more detailed risk assessments for our major projects. ## _Directors' Responsibilities_ Charity law requires us as Directors to prepare financial statements for each accounting year which give a true and fair view of the state of the charity and of its income and expenditure for the year. 1. Select suitable accounting policies and apply them consistently 2. Make judgements and estimates that are reasonable and prudent 3. State whether the applicable accounting standards have been followed, subject to any material departures disclosed and explained in the accounts. 4.Prepare the financial statements on a going concern basis unless it is inappropriate to presume that the charity will continue in business. We are responsible for keeping adequate accounting records which disclose with reasonable accuracy at any time the financial position of the company and enable us to ensure that the financial statements comply with the Companies Act 2006. Page 4 We also have a responsibility to safeguard the assets of the charity and to take reasonable steps to prevent fraud or any other irregularities. _Preparation of the report_ This report of the Board of Trustees has been prepared taking advantage of the small companies exemption of section 415A of the Companies Act 2006. The report was approved by the directors on the 12 December 2022 and signed on their behalf by: John Deacon: Secretary Page 5 **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF Centre for Theology and Community Limited ('the Company')** ## **Independent examiner’s report to the Trustees of The Centre for Theology and Community Ltd** I report on the financial statements of the charitable company for the year ended 31 March 2022, which comprise the statement of financial activities, balance sheet, related notes and are set out on pages 8 to 13. ## **Respective responsibilities of trustees and examiner** The charity’s trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the financial statements. The trustees consider that an audit is not required for this year under section 145 of the Charities Act 2011 (the 2011 Act). The charity is required by company law to prepare accrual based accounts. Having satisfied myself that the charity is not subject to audit under part 16 of the 2006 Companies Act and is eligible for independent examination, it is my responsibility to: - examine the financial statements under section 145 of the 2011 Act; - to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and - to state whether particular matters have come to my attention. This report, including my statement, has been prepared for and only for the charity’s trustees as a body. My work has been undertaken so that I might state to the charity’s trustees those matters that I am required to state to them in an independent examiner’s report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to any other than the charity and the charity’s trustees as a body for my examination work, for this report or for the statements that I have made. ## **Basis of independent examiner’s report** My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statement below. ## **Independent examiner’s statement** Since the Company’s gross income exceeded £250,000 your examiner must be a member of a body listed in Section 145 of the 2011 Act. I confirm that I an qualified to undertake the examination because I am a member of the Chartered institutute of Certified Accountants which is one of the listed bodies. - I have completed by examination. I confirm that no matter has come to my attention: - which gives me reasonable cause to believe that in any material respect the requirements - to keep accounting records in accordance with section 386 of the Companies Act 2006 and section 130 of the 2011 Act ; and Page 6 - to prepare accounts which accord with the accounting records, comply with the accounting requirements of the Companies Act 2006 and Regulation 8 of the Accounts Regulations and the 2011 Act have not been met; or - - to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Derek Rodwell FCCA, (Fellow of the Chartered Association of Certified Accountants) Impact the Future Ltd, Bennett Verby, 7 St Petersgate, Stickport, Cheshire, SK1 1EB Date: 14[th] December 2022 Page 7 ## **CENTRE FOR THEOLOGY AND COMMUNITY LIMITED** ## **Statement of Financial Activities** ## **FOR THE YEAR ENDED 31 MARCH 2022** ## **Summary Income and Expenditure Account** |||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total| |---|---|---|---|---|---|---|---| |||Funds|Funds|Funds|Funds|Funds|Funds| ||Note|2022|2022|2022|2021|2021|2021| |||£|£|£|£|£|£| |**INCOME AND ENDOWMENTS FROM**|||||||| |Donations, grants and legacies|2|12,189|373,383|385,572|7,317|285,663|292,980| |_Incoming resources from charitable activities_|||||||| |Fee and consultancy income||102,740|0|102,740|173,622|0|173,622| |_Other income and endowments_||0|0|0|0|0|0| ||||||||| |Total income and endowments||114,929|373,383|488,312|180,939|285,663|466,602| |**EXPENDITURE ON**|||||||| |Charitable activities|3|112,177|372,830|485,007|178,589|245,819|424,408| ||||||||| |Total expenditure||112,177|372,830|485,007|178,589|245,819|424,408| ||||||||| |**Net Movement in Funds**||2,752|553|3,305|2,350|39,844|42,194| |**Reconciliation of funds:**|||||||| |Total funds brought forward||22,505|48,891|71,396|20,155|9,047|29,202| ||||||||| |**Total funds carried forward**||25,257|49,444|74,701|22,505|48,891|71,396| Movements on reserves and all recognised gains and losses are shown above. The notes on page 10-13 form part of these accounts. Page 8 ## **CENTRE FOR THEOLOGY AND COMMUNITY LIMITED** ## **BALANCE SHEET** ## **FOR THE YEAR ENDED 31 MARCH 2022** |Note
**FIXED ASSETS**
Investments
5
Tangible assets
**CURRENT ASSETS**
Debtors
6
Cash at bank
7
**CURRENT LIABILITIES**
Liabilities falling due within one year
8
Net Current Assets/(Liabilities)
**NET ASSETS/(LIABILITIES)**
**FUND BALANCES**
Unrestricted funds
10
General Funds
Restricted Funds
10|Unrestricted
Restricted
2022
2021
Funds
Funds
£
£
£
£
10,000
0
10,000
10,000
325
0
325
189| |---|---| ||10,325
0
10,325
10,189
33,021
9,000
42,021
21,184
6,567
70,787
77,354
68,159| ||39,589
79,787
119,375
89,343| ||24,656
30,343
54,999
28,136| ||14,933
49,443
64,377
61,207| ||| ||25,258
49,444
74,701
71,396| ||25,257
25,257
22,505
49,444
49,444
48,891| ||25,257
49,444
74,701
71,396| _For the period ended 31 March 2022, the company was entitled to the exemption from audit under_ ## _Responsibilities of directors/trustees:_ _a. The members have not required the charitable company to obtain an audit of its accounts for b. The directors/trustees acknowledge their responsibilities for complying with the requirements_ _These accounts have been prepared in accordance with the provisions applicable to_ Approved by the Directors and signed on their behalf on the 12 December 2022 by: **----- Start of picture text -----**
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Company number: 05848143 Charity number: 1121648 The notes on page 10-13 form part of these accounts. Page 9 ## **CENTRE FOR THEOLOGY AND COMMUNITY LIMITED** ## **Notes to the Accounts FOR THE YEAR ENDED 31 MARCH 2022** ## **1 Accounting Policies** The financial statements have been prepared under the historical cost convention with items recognised at cost or transaction value unless states in the relevant note(s). The Centre for Theology and Community Limted (the "Charity" or "Company") meets the definition of a public benefit entity under FRS 102. The financial statements are prepared under the historical cost convention, with the exception that investments are included at fair value. The Trustees consider that there are no material uncertainties about the Charity's ability to continue as a going concern. ## **Reconciliation with previous Generally Accepted Accounting Policies** In preparing the accounts, the Trustees have considered whether in applying the accounting policies required by FRS 102 and the Charities SORP (FRS 102), any restatement was required to comparative or opening balances. No adjustments were considered necessary. ## a) Donated and grant income: Donated income and grants receivable are generally taken into account when received by the charity. Grant funding is also recognised in situations where entitlement to the funding is obtained by the charity but where funds have not been received (see note 6). In addition, elements of grants are deferred where performance related conditions are not met by the end of the accounting year (see note 9). Income received in circumstances where a claim for repayment of tax has been or will be made to HM Revenue & Customs is grossed up for the tax recoverable. Any amount of tax reclaimed from HM Revenue & Customs but not yet received is shown within the charity's debtors. ## b) Other income and expenditure: Investment income is taken into account when receivable. ## c) Funds: Unrestricted funds are donations and other income received or generated for the objects of the charity without specified purpose and are available for purposes as directed by the trustees. Restricted funds are amounts received where the donor has specified the purpose for which it should be used. ## d) Fixed assets and depreciation: Fixed assets acquired for use by the charity are capitalised and depreciated over their estimated useful life unless they cost less than £500 when they are written off on purchase. Depreciation periods are as follows: Freehold land Not depreciated Freehold buildings Over 50 years Equipment Between 3 and 7 years ## e) Pension costs: The company operates a defined contribution scheme for certain employees. Pension premiums are charged as they are paid. ## f) Taxation The company is a registered charity and is exempt from taxation under the Income & Corporation Taxes Acts. ## g) Cashflow statement The company has taken advantage of the exemption provided by the Financial Reporting Standard 1 and has not prepared a Cash Flow Statement for the year. ## h) Investments Investments are a form of basic financial instrument and are initially recognised at their transactional value and subsequently measured at their fair value as at the balance sheet date. The Statement of Financial Activities inludes net gains and losses arising on revaluations and disposals throughout the year. ## i) Going concern The Trustees believe the charity to be a going concern because most staff members come with funding, and are only on contract for the period of that funding. The charity has managed to secure an increasing number of these grants which are guaranteed across several years. Page 10 ## **CENTRE FOR THEOLOGY AND COMMUNITY LIMITED** ## **Notes to the Accounts FOR THE YEAR ENDED 31 MARCH 2022** |**2**
**3**
**a**
**b**
**c**|**Voluntary income**
Grants
General donations
**Charitable activities**
Direct Charitable Costs
Staff & Management costs
Consultants
Office costs
Software & IT
Printing, postage and stationery
Projects - General Expenses
Travel and subsistence
Training/Development
Event Costs
Advertising
Bad Debt
Grant Payment
Note 3c
Support Costs
Bank charges
Rent, rates and utilities
Office costs
Software & IT
Printing, postage and stationery
Repairs and maintenance
Overheads
Event Costs
Staff & Management costs
Insurance
Legal Costs
General expenses
Travel and subsistence
Accountancy and payroll
Independent Examination
Training/Development
**Combined charitable activity cost**
Grants
Community grants|Unrestricted
Restricted
Total
Unrestricted
Restricted
Total
Funds
Funds
2022
Funds
Funds
2021
£
£
£
£
£
£
5,000
371,153
376,153
5,600
282,100
287,700
7,189
2,230
9,419
1,717
3,563
5,280| |---|---|---| |||12,189
373,383
385,572
7,317
285,663
292,980| |||Unrestricted
Restricted
Total
Unrestricted
Restricted
Total
Funds
Funds
2022
Funds
Funds
2021
£
£
£
£
£
£
100,447
300,901
401,347
149,331
181,771
331,103
0
18,550
18,550
9,917
21,140
31,057
0
247
247
0
0
0
29
2,074
2,102
86
726
813
0
649
649
0
575
575
144
3,409
3,553
1,500
5,699
7,199
279
2,527
2,806
183
53
237
3,353
5,822
9,175
5,000
3,992
8,992
0
1,690
1,690
0
0
0
0
426
426
0
0
0
100
0
100
0
0
0
7,000
0
7,000
10,000
0
10,000
0
0| |||111,351
336,294
447,645
176,018
213,957
389,975| |||Unrestricted
Restricted
Total
Unrestricted
Restricted
Total
Funds
Funds
2022
Funds
Funds
2021
£
£
£
£
£
£
0
0
0
0
0
1
12,000
0
12,000
12,000
0
12,000
37
0
37
0
0
0
5,108
0
5,108
2,231
0
2,231
0
0
0
0
0
0
0
0
0
0
0
0
(36,536)
36,536
0
(31,862)
31,862
0
405
0
405
0
0
0
(3,566)
0
(3,566)
(1,166)
0
(1,166)
1,744
0
1,744
1,594
0
1,594
1,957
0
1,957
0
0
0
1,944
0
1,944
4,050
0
4,050
439
0
439
0
0
0
14,988
0
14,988
13,924
0
13,924
1,800
0
1,800
1,800
0
1,800
506
0
506
0
0
0| |||826
36,536
37,362
2,571
31,862
34,433| |||112,177
372,830
485,007
178,589
245,819
424,408| |||Institutions
Individuals
2022
Institutions
Individuals
2021
£
£
£
£
7,000
-
7,000
10,000
10,000| |||7,000
-
7,000
10,000
10,000| The charity supports community work in the UK. Where a particular missionary has been supported by the church for a number of years, strict compliance with the Charities' Statement of Recommended Practice (SORP) may suggest some arrangements as constituting constructive obligations such that future years' support is accounted for in these accounts as a liability. Whilst the support has no final end date in some cases, the church officers assess missionary funding on an annual basis and are confident that they have not communicated a specific commitment nor would missionaries view their support as open-ended obligations by the church. |The main features of the grants made were:|2022|2021| |---|---|---| |Oblates of the Assumption - Sister Therese Boraturamye's services, Chaplaincy support|7,000|10,000| ||7,000|10,000| |**& Trustees**||| ||2022|2021| ||£|£| |Gross wages, salaries & benefits in kind|316,223|259,247| |Employer's National Insurance costs (net of employers allowance of £4k)|21,465|16,431| |Pension costs|12,842|11,644| |Total staff costs|350,531|287,322| **4 Staff & Trustees** The charity has 10.0 full time equivalent employed staff (2021: 7.9). No staff received salaries at a rate of more than £60,000 per annum. Angus Ritchie is considered to be key management personnel. Total remuneration paid to key management as defined by the SORP is £55,471 (2021:£55,482). No remuneration was paid to any trustee during the year nor to any person connected to them. Page 11 ## **CENTRE FOR THEOLOGY AND COMMUNITY LIMITED** **Notes to the Accounts FOR THE YEAR ENDED 31 MARCH 2022** ## **5 Tangible Fixed Assets** |Cost
At 1 April 2021
Additions
At 31 March 2022
Accumulated Depreciation
At 1 April 2021
Charge for the year
At 31 March 2022
Net book value
At 31 March 2022
At 1 April 2021|Program related
Investments
Computer
equipment
Total
& furniture
2022
£
£
10,000
2,941
12,941
-
488
488| |---|---| ||10,000
3,429
13,429| ||-
2,752
2,752
-
352
352| ||-
3,104
3,104| ||10,000
325
10,325
10,000
189
10,189| The charity has a program related investment in the unlisted share capital of Clean for Good Ltd. The £10,000 investment is less than 20% of the issued share capital and does not therefore constitute a subsidiary, joint venture or associate of the Charity. The Trustees assessed the fair value of the company based on the net book value as at the balance sheet date and projected income for the next accounting period. |the balance sheet date and projected income for the next accounting period.||| |---|---|---| ||2022|2021| |**Debtors and Prepayments**|£|£| |Trade debtors|36,892|21,184| |Accrued income|5,129|0| ||42,021|21,184| ## **6 Debtors and Prepayments** Accrued income represents amounts receivable where entitlement for grant funding is obtained by the charity, normally when the offer of funding is communicated in writing by the grantor, but payment has not been received by the year end. ||||||2022|2021| |---|---|---|---|---|---|---| |**7**|**Cash at Bank and in Hand**||||£|£| ||Bank operating accounts||||77,354|68,159| ||||||77,354|68,159| |**8**|**Creditors: liabilities falling due within one year**|||||| ||Trade creditors||||35,471|11,983| ||Taxation and social security||||278|463| ||Accruals||||16,250|3,000| ||Deferred Income (Note 9)||||3,000|12,246| ||Other creditors||||0|445| ||||||54,999|28,136| |**9**|**Deferred Income**|Opening|Income released||Income|Closing| |||balance|in year||deferred|balance| |||£|£||£|£| ||Donation and grant income deferred|12,246|0||(9,246)|3,000| |||12,246|0||(9,246)|3,000| The deferred income at the year end primarily reflects the element of grants received in the year or previous years with performance related conditions which had not been completed until after the accounting period had ended. ## **10 Restricted Funds** The restricted funds represent amounts received for specific purposes and the movements in the year are as follows: ||Closing|Incoming|Outgoing|Closing|Incoming|Outgoing|Closing| |---|---|---|---|---|---|---|---| ||balance|resources|resources|balance|resources|resources|balance| ||2020|2021|2021|2021|2022|2022|2022| ||£|£|£|£|£|£|£| |Bishop of Barking|0|2,000|(2,000)|0|0|0|0| |Bishop of Durham|0|2,500|(2,500)|0|2,500|(2,500)|0| |Bishop of London|0|2,500|(2,500)|0|0|0|0| |Boston College|0|2,500|(2,268)|231|0|(231)|0| |Buxton 180|0|2,262|(2,262)|0|2,042|(2,042)|0| |Camellia Trust|2,081|10,000|(7,172)|4,909|10,000|(14,909)|0| |Christians in Politics|0|3,250|(3,250)|0|0|0|0| |Church of England- SDF|0|82,775|(79,583)|3,192|78,081|(81,273)|(0)| |Church Urban Fund (Near Neighbours)|0|82,575|(66,907)|15,668|49,000|(64,195)|474| |Citizens UK|0|0|0|0|5,000|(5,000)|0| Page 12 ## **CENTRE FOR THEOLOGY AND COMMUNITY LIMITED** |||**Notes to the Accounts**|**Notes to the Accounts**||||| |---|---|---|---|---|---|---|---| ||**FOR**|**THE YEAR ENDED**|**31 MARCH 2022**||||| |Diocese of Chelmsford|0|0|0|0|6,000|(6,000)|0| |Hinchley Charitable Trust|0|0|0|0|7,500|(7,500)|0| |Individual donations|0|1,301|(1,301)|0|188|(188)|0| |James Knott Trust|0|8,500|(8,500)|0|8,000|(5,635)|2,365| |Lillian Nash|6,966|0|(6,966)|0|6,000|(6,000)|0| |Lombard Parish|0|53,500|(28,609)|24,891|0|(24,891)|0| |London Community Land Trust|0|0|0|0|5,000|(3,957)|1,043| |London Diocesan Fund|0|6,000|(6,000)|0|6,300|(6,300)|0| |National Lottery Community Fund|0|10,000|(10,000)|0|0|0|0| |Oblate of Mary Immaculate- Anglo-Irish|0|0|0|0|5,000|(4,777)|223| |Sir Halley Stewart|0|0|0|0|9,897|(9,897)|0| |St George in the East Youth organising|0|0|0|0|5,000|(5,000)|0| |St George in the East Buxton Leadership|0|0|0|0|9,375|(7,010)|2,365| |St George in the East- resource churches|0|16,000|(16,000)|0|16,000|(16,000)|0| |St Katherine's Cree|0|0|0|0|92,500|(59,157)|33,343| |Trust For London|0|0|0|0|50,000|(40,369)|9,631| |Total|9,047|285,663|(245,819)|48,891|373,383|(372,830)|49,444| The Bishop of Durham grant is towards the Buxton programme coordinator The Buxton 180 fund and James Knott Trust relates to donations in support of interns working on the Buxton Leadership Programme and those who supervise them. The particular focus of the James Knott Trust’s support is interns working on housing and homelessness. The Camellia Trust fund is supporting the advancement of the affordable housing campaign in Shadwell, with a particular focus on engaging both pupils and parents in local schools. The grants from the Church of England are towards researching church-linked housing actions and an SDF grant towards the congregational development programme (see annual report) The Church Urban Fund is funding CTC’s delivery of the Near Neighbours programme which seeks to promote engagement across faiths and cultures in eastern London. It also gave grants towards the 'Real People, honest talk' programme. The Citizens Uk grant went towards neighbourhood organising The Diocese of Chelmsford gave a grant towards congregational development programmes The Hinchley Charitable Trust gave towards the development of community engagement in pentecostal churches and the Buxton leadership programme The Lilian Nash grant went toweards the Pentecostal learning project The London Community Land Trust Grant went towards the neighbourhood organising project The London Diocese Fund grant is towards the congregational development for Colindale Churches The grant from the Oblate of St Mary Immaculate was given towards researching popular spirituality and action The grant from the Sir Halley Stewart Trust went toward the Pentecostal learning and Buxton leadership projects The grants from St George in the East are towards the resource church, Buxton Leadership scheme and the youth organising programmes The grant from St Katherine's Cree went towards the Eastminster Project The Trust for London grant went towards the cost of a community organising and co-design project to develop two adjacent pieces of land for permanent genuinely affordable homes, new spaces for the community, and potentially temporary accommodation for homeless people. |**11**
**Analysis of Net Assets between Funds**
Fixed Assets
Current assets
Current liabilities
Net Assets|Unrestricted
Restricted
Total
Unrestricted
Restricted
Total
2022
2022
2022
2021
2021
2021
10,325
0
10,325
10,189
0
10,189
39,589
79,787
119,375
20,770
68,573
89,343
(24,656)
(30,343)
(54,999)
-8,454
(19,682)
-28,136| |---|---| ||25,258
49,444
74,701
22,504
48,892
71,396| ## **12 Events since the year end** None ## **13 Members** Each member of the company commits to contribute if the charity is wound up an amount of £1. ## **14 Related Party Transactions** Sr Josephone Canny is a trustee and also a member of the Oblates of the Assumption. In 2021-22 £7,000 was paid to the Oblates in respect of consultancy fees for the LDE UTC project. The Rev Vanessa Conant is a trustee and is also the Vicar at St Mary’s Walthamstowe .St Mary's received funding from CTC in 2021/22 to help cover the staff costs for the project 'Harnessing the Power of Organising for Church Growth' Page 13