| 2022 | 2021 | |||||
|---|---|---|---|---|---|---|
| Endowment | Total | |||||
| funds | funds | |||||
| Notes | f | E | ||||
| INCOME AND ENDOWMENTS | FROM | |||||
| Investment income |
57,641 | 44,488 | ||||
| Other income | 427,437 | |||||
| Total | 485,078 | 44,488 | ||||
| EXPENDITURE ON | ||||||
| Charitable activities |
||||||
| Support for the work | ofthe Episcopal Church | in | ||||
| Jerusalem and the Middle East |
38,021 | 39,183 | ||||
| Support for the work | ofthe Episcopal/Anglican | |||||
| Province ofAlexandria | 27,025 | 9,285 | ||||
| Total | 65,046 | 48,468 | ||||
| Net gains/(losses) on |
investments | (107,657) | 209,636 | |||
| NET INCOME | 312,375 | 205,656 | ||||
| RECONCILIATION OF |
FUNDS | |||||
| Total funds brought | forward | 1,663,418 | 1,457,762 | |||
| TOTAL FUNDS CARRIED FORWARD | 1,975,793 | 1,663,418 |
| 2022 | 2021 | |||
|---|---|---|---|---|
| Endowment | Total | |||
| funds | funds | |||
| Notes | f | f | ||
| FIXEDASSETS | ||||
| Investments | 1,951,589 | 1,646,393 | ||
| CURRENT ASSETS | ||||
| Debtors | 44,163 | 35,437 | ||
| Cash at bank | 11,783 | 12,213 | ||
| 55,946 | 47,650 | |||
| CREDITORS | ||||
| Amounts falling due within one year |
10 | (31,742) | (30,625) | |
| NET CURRENT ASSETS | 24,204 | 17,025 | ||
| TOTAL ASSETS LESSCURRENT LIABILITIES | 1,975,793 | 1,663,418 | ||
| NET ASSETS | 1,975,793 | 1,663,418 | ||
| FUNDS | ||||
| Endowment | funds | 1,975,793 | 1,663,418 | |
| TOTAL FUNDS | 1,975,793 | 1,663,418 |
| INVESTMENT INCOME | ||
|---|---|---|
| 2022 | 2021 | |
| E | E | |
| Income from listed investments | 57,581 | 44,452 |
| Deposit account interest | 60 | 36 |
| 57,641 | 44,488 |
| Grant | |||||
|---|---|---|---|---|---|
| funding of | |||||
| activities | |||||
| (see note | Support | ||||
| 5) | costs | Totals | |||
| E | f | E | |||
| Support | for the work ofthe Episcopal | ||||
| Church | in Jerusalem | and the Middle East | 26,867 | 11,154 | 38,021 |
| Support | for the work ofthe | ||||
| Episcopal/Anglican | Province ofAlexandria | 21,033 | 5,992 | 27,025 | |
| 47,900 | 17,146 | 65,046 |
| GRANTS PAYAB | LE | |||||
|---|---|---|---|---|---|---|
| 2022 | 2021 | |||||
| f | f | |||||
| Support for the | work of the Episcopal Church | in Jerusalem | and the Middle East | 26,867 | 28,133 | |
| Support for the | work of the Episcopal/Anglican | Province of | Alexandria | 21,033 | 6,667 | |
| 47,900 | 34,800 | |||||
| The total grants | paid to institutions | during the | year was as | follows: | ||
| 2022 | 2021 | |||||
| E | f | |||||
| Diocese ofJerusalem | 20,834 | 21,466 | ||||
| Diocese of Cyprus and the Gulf | 6,033 | 6,667 | ||||
| Province ofAlexandria | 21,033 | 6,667 | ||||
| 47,900 | 34,800 |
| FIXEDASSET INVE | STM | ENT | S | ||||
|---|---|---|---|---|---|---|---|
| Listed | |||||||
| investments | |||||||
| f | |||||||
| MARKET VALUE | |||||||
| At 1st July 2021 | 1,646,393 | ||||||
| Additions | 412,853 | ||||||
| Revaluations | (107,657) | ||||||
| At 30th June 2022 | 1,951,589 | ||||||
| NET BOOK VALUE | |||||||
| At 30th June 2022 | 1,951,589 | ||||||
| At 30th June 2021 | 1,646,393 | ||||||
| There were no investment | assets outside the | UK. | |||||
| Cost or valuation | at 30th June 2022 is represented | by: | |||||
| Listed | |||||||
| investments | |||||||
| E | |||||||
| Valuation in 2022 |
1,951,589 | ||||||
| The historical cost of | fixed | asset investments | was | f1,410,612(2021:f997,758) | |||
| DEBTORS:AMOUNTS | FALLING DUE WITHIN | ONE | YEAR | ||||
| 2022 | 2021 | ||||||
| E | E | ||||||
| Debtors | 16,401 | 448 | |||||
| The Jerusalem and The East Mission Trust Limited |
13,367 | 23,875 | |||||
| Prepayments and |
accrued | income | 14,395 | 11,114 | |||
| 44,163 | 35,437 |
| CREDITORS: | A | MOUNTS FALLING |
DUE WITHIN | ONE YEAR | |||
|---|---|---|---|---|---|---|---|
| 2022 | 2021 | ||||||
| f | f | ||||||
| Current account with JEMTL | 15,000 | ||||||
| Grants payable | 16,742 | 30,625 | |||||
| 31,742 | 30,625 | ||||||
| MOVEMENT | IN FUNDS | ||||||
| Net | |||||||
| movement | At | ||||||
| At 1.7.21 | in funds | 30.6.22 | |||||
| f | f | f | |||||
| Endowment | funds | ||||||
| Jerusalem Bishopric fund |
1,011,416 | (52,424) | 958,992 | ||||
| Mission Trust | Limited | 581,483 | (28,708) | 552,775 | |||
| Campbell | 70,519 | (2,379) | 68,140 | ||||
| The Overseas | Bishopric Fund (Egypt) | 395,886 | 395,886 | ||||
| 1,663,418 | 312,375 | 1,975,793 | |||||
| TOTAL FUNDS | 1,663,418 | 312,375 | 1,975,793 | ||||
| Net movement | in funds, included | in the above are as follows: | |||||
| Incoming | Resources | Gains and | Movement | ||||
| resources | expended | losses | in funds | ||||
| f | f | f | f | ||||
| Endowment | funds | ||||||
| Jerusalem Bishopric fund |
28,012 | (29,352) | (51,084) | (52,424) | |||
| Mission Trust | Limited | 16,147 | (15,417) | (29,438) | (28,708) | ||
| Campbell | 2,030 | (1,885) | (2,524) | (2,379) | |||
| The Overseas | Bishopric Fund (Egypt) | 438,889 | (18,392) | (24,611) | 395,886 | ||
| 485,078 | (65,046) | (107,657) | 312,375 | ||||
| TOTAL FUNDS | 485,078 | (65,046) | (107,657) | 312,375 |
| Net | ||||
|---|---|---|---|---|
| movement | At | |||
| At 1.7.20 | in funds | 30.6.21 | ||
| f | f | f | ||
| Endowment | funds | |||
| Jerusalem | Bishopric fund | 887,633 | 123,783 | 1,011,416 |
| Mission Trust Limited | 508,195 | 73,288 | 581,483 | |
| Campbell | 61,934 | 8,585 | 70,519 | |
| 1,457,762 | 205,656 | 1,663,418 | ||
| TOTAL FUNDS | 1,457,762 | 205,656 | 1,663,418 |
| incoming | Resources | Gains and | Movement | ||
|---|---|---|---|---|---|
| resources | expended | losses | in funds | ||
| f | f | f | f | ||
| Endowment | funds | ||||
| Jerusalem | Bishopric fund | 26,987 | (30,799) | 127,595 | 123,783 |
| Mission Trust Limited | 15,548 | (15,788) | 73,528 | 73,288 | |
| Campbell | 1,953 | (1,881) | 8,513 | 8,585 | |
| 44,488 | (48,468) | 209,636 | 205,656 | ||
| TOTAL FUNDS | 44,488 | (48,468) | 209,636 | 205,656 |