2021-12-31-accounts - Kerygma 180

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Kerygma 180

Financial Statements

For the year ended 31 December 2021

Contents	Page
Legal and administration information	3
Trustees’ Report	4 - 5
Statement of Financial Activities	6
Balance Sheet	7
Notes to the Account	8 - 14
Independent Examiner’s Report	15 - 17

Legal & Administrative Information

Trustees / Directors Rev Timothy Manson Andrew Dewick Jeremy Taylor Company Secretary Rev Martin Durham Charity Number 1123294 Company Number 06481900 Registered Office 229 Boston Manor Road Brentford Middlesex TW8 9LF

Trustees’ Report

Kerygma180 (K180) continued to navigate the Covid challenges throughout 2021. Whilst there were difficulties, it was pleasing to see our teams adapt and find new ways of exercising ministry. Whilst our websites will give a good overview of ministry endeavours, here is a snapshot of key ministry developments.

History Makers

By way of brief background, the History Makers (HM) initiative seeks to equip young leaders (1835) for strong, biblical, missional leadership in the 21st century. Designed to run in partnership with local churches, it has been very encouraging to see how God is using this tool to equip young leaders across Europe, as participants spend a week together exploring eight biblical core values for leadership. In essence, our goal is to equip leaders and spread the gospel.

So, HM is aimed at those relatively early in their call to leadership or those who have potential for leadership. This is leadership in any capacity - in church, youth work, para-church ministry, workplace etc. We keep numbers relatively small (around 20-30 per session) so as to hopefully maximise impact.

There was plenty of online training during the year, but it was clear in some quarters that ‘online fatigue’ was very real. There has been a longing for people to get back to meeting face to face. And in many ways, it was a year of ‘green shoots’ as amid all the online activity, many of our HM teams were starting to plan fresh initiatives, some of which have come to fruition during the first quarter of 2022.

We finished 2021 with training completed in 15 European countries (although with representation from at least another 7 countries) and a verified 385 leaders trained in Europe, plus at least a further 350 trained outside of Europe as a result of multiplication from online training. These events were run by local leaders who had experienced our online training. We came to the end of 2021 with 23 country teams in place.

Please see www.historymakerseurope.org for more information.

Equipping Evangelists

We believe that a key strategy for Gospel impact in Europe is the equipping of ‘emerging’ evangelists, in other words, those early in their call to proclaim the Gospel.

Alongside ongoing trainee opportunities in London, K180 leads specific training for those called as evangelists. This training consists of a two-year modular course designed to train and equip evangelists emerging (i.e. early in their call) into a ministry of proclamation evangelism. The course consists of a core of four separate residential long weekends of training together with additional days, mentoring and opportunities to participate in major evangelistic initiatives. This training started in the UK and now features in 5 other European countries.

The work continues in Germany, Iceland, Italy, Russia, Spain, and the UK. Again, the pandemic caused us to re-think our approach and several countries successfully continued online training, but we did manage one in-person training in the UK. We also held a one-off event online where a globally recognised German evangelist brought training and inspiration to those charged with the office of the evangelist.

We also continued developing our fledgling association of these country teams who are training evangelists – the ‘European Young Evangelists Network’. We have a sense of anticipation as this takes shape as we seek to train evangelists across this continent.

Unashamed Course

The Unashamed course was launched online in the second half of 2020 and was well received. As we progressed through 2021, training took place online in Armenian, English, French and Spanish. It was also held for the first time in-person in a church small group setting. Again, the feedback was very positive. We are now in the process of getting materials ‘print ready’ and hope to expand the reach of the Unashamed Course.

Our occasional Unashamed+ online training events also saw a relatively huge increase in numbers, with participants drawn from across Europe (interpretation provided into a few languages).

Street Teams

Street ministry gradually returned to a pre-pandemic format during 2021 and it has been good to be back on the streets proclaiming the Gospel. A return to overseas mission weekends did not re-start in 2021 but is scheduled for 2022.

The Journey

2021 saw the completion of our ‘pilot’ project called ‘The Journey’. At the invitation of the London Baptists, K180 worked alongside Brentford Free Church for 1 year to help them further develop their evangelistic culture. This included regular street ministry, training for the church, a 6 month ‘deeper discipleship’ journey for a group of 6, and the launching of evangelistic endeavours. It proved an excellent year with tremendous feedback.

K180 Music

Gareth Hides continued writing music, particularly designed to reach/engage those who are yet without a personal faith in Jesus Christ. He also has continued working on a (potential) K180 musical. Details of the music ministry can be found here: www.k180.org/music

There are several other ministry endeavours, which can be read about at www.k180.org.

2nd May 2022

Statement of Financial Activities

Kerygma180

For the year ended 31 December 2021

Account Note	Unrestricted Funds 2021	Restricted Funds 2021	Total Funds 2021	Total Funds 2020
Income from:
Donations and legacies	111,760	43,533	155,293	137,847
Charitable activities	8,677	49,466	58,143	62,457
Total 3.1	120,437	92,999	213,436	200,304
Expenditure on:
Operating costs	31,422	15,879	47,301	56,703
Charitable activities	36,301	127,171	163,472	141,342
Total expenditure 3.2	67,723	143,050	210,773	198,045
Net income / (expenditure)	52,714	(50,051)	2,663	2,259
Reconciliation of funds
Transfers between funds	(50,723)	50,723	0	0
Total funds brought forward	99,762	7,328	107,090	104,831
Total funds carried forward	101,753	8,000	109,753	107,090

Balance Sheet

Kerygma180

As at 31 December 2021

Balance Sheet Kerygma180 As at 31 December 2021	Balance Sheet Kerygma180 As at 31 December 2021	Balance Sheet Kerygma180 As at 31 December 2021	Balance Sheet Kerygma180 As at 31 December 2021	Balance Sheet Kerygma180 As at 31 December 2021
Note 31 Dec 2021 Unrestricted 31 Dec 2021 Restricted Total 31 Dec 2021 Total 31 Dec 2020
Fixed Assets
Computer equipment 5 1,924 0 1,924 3,151
Total Fixed Assets 1,924 0 1,924 3,151 Current Assets
Debtors & prepayments 7 503 13,453 13,956 4,521
Cash at bank and in hand 10 100,076 6,789 106,865 121,341
Total Current Assets 100,579 20,242 120,821 125,862 Liabilities:
Amounts falling due within one-year 8 (750) (12,242) (12,992) (21,923)
Net Current Assets (Liabilities) 99,829 8,000 107,829 103,939

Total Assets less Current Liabilities 101,753 8,000 109,753 107,090
Amounts falling due after more than one year 0 0 0 0
Net Assets 101,753 8,000 109,753 107,090
Funds of the charity
Restricted 8,000 8,000 7,328
Unrestricted 101,753 101,753 99,762
Total Funds of the charity	101,753	8,000	109,753	107,090

The charitable company was entitled to exemption from audit under s477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to small companies subject to the small companies regime and in accordance with FRS102 SORP.

Approved by the board of trustees on 5 May 2022

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..................................... ............................................ Andrew Dewick Jeremy Taylor Trustee Trustee

Notes to the accounts

1. Basis of preparation

1.1 Basis of accounting - These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.

The accounts have been prepared under the Companies Act 2006 and in accordance with the Statement of Recommended Practice (SORP), Financial Reporting Standards (FRS 102 Section 1A) and the Charities Act 2011.

1.2 Change of accounting policy - The accounts present a true and fair view and no changes have been made to the accounting policies adopted.

1.3 Changes to accounting estimates - No changes to accounting estimates have occurred in the reporting period.

1.4 Material prior year errors - No material prior year errors have been identified in the reporting period.

2. Accounting policies

2.1 Income

Recognition of income - These are included in the Statement of Financial Activities (SOFA) when:

the charity becomes entitled to the resources.
it is more likely than not that the charity will receive the resources.
▪ the monetary value can be measured with sufficient reliability.

Offsetting - There has been no offsetting of assets and liabilities, or income and expenses, unless required or permitted by the SORP or FRS 102.

Legacies - Legacies are included in the SOFA when receipt is probable, that is, when there has been grant of probate, the executors have established that there are sufficient assets in the estate and any conditions attached to the legacy are either within the control of the charity or have been met.

Tax reclaims on donations and gifts - Gift Aid receivable is included in income when there is a valid declaration from the donor. Any Gift Aid amount recovered on a donation is considered to be part of that gift and is treated as an addition to the same fund as the initial donation unless the donor or the terms of the appeal have specified otherwise.

Support costs - The charity has incurred expenditure on support costs.

Voluntary help - The value of any voluntary help received is not included in the accounts but is described in the trustees’ annual report where necessary.

Income from interest, royalties, and dividends - This is included in the accounts when receipt is probable, and the amount receivable can be measured reliably.

2.1 Expenditure & liabilities

Liability recognition - Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty.

Governance and support costs Governance costs comprise all costs involving public accountability of the charity and its compliance with regulation and good practice.

Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources,.

3. Analysis of income & expenditure 3.1 Analysis of income

Donations and legacies	Unrestricted funds £	Restricted income funds £	Endowment funds £	Total funds £	Prior year £
Donations and gifts	108,405	36,024	-	144,429	128,255
Gift Aid	3,355	7,509	-	10,864	9,592
Legacies	-	-	-	-	-
General grants provided by government/other charities	-	-	-	-	-
Membership subscriptions Sponsorships which are in substance donations	-	-	-	-	-
Donated goods, facilities and services	-	-	-	-	-
Other	-	-	-	-	-
Total	111,760	43,533	-	155,293	137,847

Charitable activities	Unrestricted funds £	Restricted income funds £	Endowment funds £	Total funds £	Prior year £
Proclaiming	-	3,748	-	3,748	1,274
Training in ministry	-	5,848	-	5,848	30,283
Evangelism	8,677	7,808	-	16,485	5,040
Mission including Josiah Venture	-	14,795	-	14,795	15,263
Leadership	-	17,267	-	17,267	10,597
Other	-	-	-	-	-
Total	8,677	49,466	-	58,143	62,457
Total income
	120,437	92,999	-	213,436	200,304

3.2 Analysis of expenditure

Expenditure on raising funds	Unrestricted funds £	Restricted funds £	Endowment funds £	Total funds £	Prior year £
Incurred seeking donations	38	-	-	38	761
Incurred seeking legacies	-	-	-	-	-
Incurred seeking grants	-	-	-	-	-
Other	-	-	-	-	-
Total	38	-	-	38	761

Charitable activities	Unrestricted funds £	Restricted funds £	Endowment funds £	Total funds £	Prior year £
Proclaiming	4,422	32,654	-	37,076	27,200
Training in ministry	4,422	23,226	-	27,648	42,920
Evangelism	5,581	22,021	-	27,602	16,390
Mission including Josiah Venture	-	14,863	-	14,863	15,782
Leadership	6,855	33,841	-	40,696	24,293
Other – Thanksgiving offerings	14,982	565	-	15,547	13,995
Total	36,263	127,171	-	163,434	140,581

Support expenses	Unrestricted funds £	Restricted funds £	Endowment funds £	Total funds £	Prior year £
General support Costs	7,245	-	-	7,245	6,208
Governance Costs	-	-	-	-	-
Staff Salaries, NIC & Pension	21,319	15,879	-	37,198	48,814
Staff Expenses including Travel	2,858	-	-	2,858	1,681
Independent examiner’s fee	-	-	-	-	-
Other	-	-	-	-	-
Total	31,422	15,879	-	47,301	56,703
Total expenditure
	67,723	143,050	-	210,773	198,045

4. Staff costs

4.1 Employment costs Salaries & wages Social security costs Pension costs (defined contribution pension plan) Staff expenses Other employee benefits Total staff costs	2021 2020 £ £ 109,196 100,586 8,977 8,244 3,768 3,332 2,858 1,681 - -
	124,799 113,843

No employee have received employee benefits (excluding employer pension costs) for the reporting period of more than £60,000

4.2 Average head count

Fund raising Charitable activities Support / Governance Total	2021 2020 - - 3 3 2 2
	5 5

5. Tangible fixed assets & depreciation

Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:

Equipment - 25% (Straight line basis)

Tangible fixed assets Cost As at 1 January 2021 Additions Disposals As at 31 December 2021 Depreciation As at 1 January 2021 Charge for the year depreciation on disposals As at 31 December 2021 Net book value As at 31 December 2021 As at 31 December 2020	Equipment Total £ £ 7,119 7,119 69 69 - -
	7,188 7,188
	3,968 3,968 1,297 1,297 - -
	5,265 5,265
	1,923 1,923
	3,151 3,151

6. Fund accounting

Unrestricted funds comprise the accumulated movement on funds available for use at the absolute discretion of the trustees.

Restricted funds are funds subject to specific restrictions imposed by the donor. They provide funds for the purpose of a charitable activity and supporting Kerygma180s administration and support costs. These funds are held by Kerygma 180 until spent in accordance with the terms of the donation or grant.

7. Debtors & prepayments

Analysis of debtors Trade debtors Prepayments Other debtors – Gift Aid & Donations receivable	2021 2020 £ £ - - 8,038 3,122 5,918 1,399
	13,956 4,521

8. Creditors: amounts falling due within one year

Accounts payable Accruals & deferred income Taxation & social security Pension payable	2021 2020 £ £ 1,546 1,092 8,538 17,979 2,280 2,235 628 618
	12,992 21,924

9. Deferred income

Movement in deferred income Balance as at 1 January Amounts added in current period Amounts released to income from previous periods Balance as at 31 December	2021 2020 £ £ 11,355 31,276 5,000 4,277 (8,355) (24,198) 8,000 11,355

10. Cash at bank and in hand

Short term cash investments Cash at bank and in hand	2021 2020 £ £ - - 106,865 121,341
	106,865 121,341

11. Summary of fund movements

Details of material funds held and movements – 2021 (current year)

Fund	Type*	Purpose and Restrictions	Fund balances brought forward £	Income £	Expenditure £	Transfers £	Fund balances carried forward £
General Fund	UR	To use to help the ministries below	99,762	120,437	(67,723)	(50,723)	101,753
Proclaiming	R	To train in street ministry	-	3,748	(32,654)	28,906	-
Training in Ministry	R	To train in street evangelism	7,278	5,848	(23,226)	13,100	3,000
Evangelism	R	To train evangelists	-	7,808	(22,022)	19,214	5,000
Missions including JV	R	To train in street ministry	-	14,795	(14,863)	68	-
Leadership	R	To train leaders	50	17,267	(33,841)	16,524	-
Other Designated	R	To train the above	-	43,533	(16,444)	(27,089)	-
Total Funds as per balance sheet			107,090	213,436	(210,773)	-	109,753

*Key : UR – Unrestricted funds , R - Restricted funds

Details of material funds held and movements – 2020 (previous year)

Fund	Type*	Purpose and Restrictions	Fund balances brought forward £	Income £	Expenditure £	Transfers £	Fund balances carried forward £
General Fund	UR	To use to help the ministries below	73,555	111,493	(67,362)	(17,924)	99,762
Proclaiming	R	To train in street ministry	-	1,274	(27,200)	25,926	-
Training in Ministry	R	To train in street evangelism	31,276	30,283	(42,920)	(11,360)	7,278
Evangelism	R	To train evangelists	-	649	(15,341)	14,692	-
Missions including JV	R	To train in street ministry	-	15,263	(15,782)	519	-
Leadership	R	To train leaders	-	10,597	(23,638)	13,091	50
Other Designated	R	To train the above	-	30,745	(5,801)	(24,944)	-
Total Funds as per balance sheet			104,831	200,304	(198,045)	-	107,090

*Key : UR – Unrestricted funds , R - Restricted funds

CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examinerfs Report Report to the trust8881 members of KERYGMA 180 On accounts for the year ended 3111212021 Charity no (If any) 1123294 Set out on page5 I report lo the trustees on my examination of the accounts of the above charity {"the Trust") for the year ended 3111212021. Responslbllltles and As the charitys Iruslees, you are responsible for the preparation of the basls of report accounts in accordanc8 Wlth the requirements of the Charities Act 2011 I'the Act"). I r8POrt in r8sp8cI of my examination of th8 Trust's account5 carried out under section 145 of th8 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under sèction 145(5llbl of the Act. Independent I have completed my examination. I confirm that no material maller5 have examlner's statement come to my attention in connection with the examination (other than Ihat disclosed below ') which gives me cause to believe that in, any material respect.. the accounting records were not kept In accordance with section 130 of the Charilies Act,. or the accounts did not acco1 with Ihe accounting records,. or the accounts did not comply with the applicable requirements conceming the fomi and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'lNe and fair, view which is not a matter onsidered as part of an Independent examination. I have no concerns and have come across no other matters in connection with the examination to which attentlon should be drawn in this report in order to enable a proper understanding ofthe accounts to be reached. Slgned: Date: Name: o(i" Relevant profosslonal qualification{s) or body (If any): Prc Ct Address: Lofvoso 15

Section B Disclosure Only complele if the examiner needs to highlight material matters of conrn {see CC32, Independent examination of charity accounts= directions and guidance for examiners). Glv8 here brlef details of any items that the examiner wishes lo dlsclose. 16