| 2023 | 2022 | ||||
|---|---|---|---|---|---|
| Endowment | Total | ||||
| funds | funds | ||||
| Notes | f | E | |||
| INCOME AND ENDOWMENTS | FROM | ||||
| Investment income |
59,021 | 57,641 | |||
| Other income | 427,437 | ||||
| Total | 59,021 | 485,078 | |||
| EXPENDITURE ON | |||||
| Charitable activities |
|||||
| Support for the work ofthe Episcopal Church | in | ||||
| Jerusalem and the Middle East |
38,665 | 38,021 | |||
| Support for the work ofthe Episcopal/Anglican | |||||
| Province ofAlexandria | 24,598 | 27,025 | |||
| Total | 63,263 | 65,046 | |||
| Net gains/(losses) on investments |
61,555 | (107,657) | |||
| NET INCOME | 57,313 | 312,375 | |||
| RECONCILIATION OF FUNDS |
|||||
| Total funds brought forward |
1,975,793 | 1,663,418 | |||
| TOTAL FUNDS CARRIED FORWARD | 2,033,106 | 1,975,793 |
| 2023 | 2022 | |||
|---|---|---|---|---|
| Endowment | Total | |||
| funds | funds | |||
| Notes | E | f | ||
| FIXEDASSETS | ||||
| Investments | 2013144 | 1951589 | ||
| CURRENT ASSETS | ||||
| Debtors | 33,353 | 44,163 | ||
| Cash at bank | 23,084 | 11,783 | ||
| 56,437 | 55,946 | |||
| CREDITORS | ||||
| Amounts falling due within one year |
10 | (36,475) | (31,742) | |
| NET CURRENT ASSETS | 19,962 | 24,204 | ||
| TOTAL ASSETS LESSCURRENT LIABILITIES | 2,033,106 | 1,975,793 | ||
| NET ASSETS | 2,033,106 | 1,975,793 | ||
| FUNDS | ||||
| Endowment | funds | 2,033,106 | 1,975,793 | |
| TOTAL FUNDS | 2,033,106 | 1,975,793 |
| 2023 | 2022 | 2022 | ||||||
|---|---|---|---|---|---|---|---|---|
| f | f | |||||||
| Income from | listed | investments | 58,220 | 57,581 | ||||
| Deposit account interest | 801 | 60 | ||||||
| 59,021 | 57,641 | |||||||
| All investment | income derives from listed investments | in The CBFChurch of England | Funds. | |||||
| OTHER INCOME | ||||||||
| Other income | in the year ended 30th June 2022 represents | the value ofthe assets | ofthe Egypt | Bishopric | Fu | |||
| which were transferred | to the Charity on 20th July 2021. | |||||||
| CHARITABLE | ACTIVITIES | COSTS | ||||||
| Grant | ||||||||
| funding of | ||||||||
| activities | ||||||||
| (see note | Support | |||||||
| 5) | costs | Totals | ||||||
| f | f | f | ||||||
| Support for the work of | the Episcopal | |||||||
| Church in Jerusalem |
and | the Middle | ||||||
| East | 27,867 | 10,798 | 38,665 | |||||
| Support for the work of | the | |||||||
| Episcopal/Anglican | Province of | |||||||
| Alexandria | 18,733 | 5,865 | 24,598 | |||||
| 46,600 | 16,663 | 63,263 |
| 6RANTS PAYABLE | |||||
|---|---|---|---|---|---|
| 2023 | 2022 | ||||
| E | f | ||||
| Support for the work ofthe Episcopal Church | in Jerusalem | and the Middle | |||
| East | 27,867 | 26,867 | |||
| Support for the work ofthe Episcopal/Anglican | Province ofAlexandria | 18,733 | 21,033 | ||
| 46,600 | 47,900 | ||||
| The total grants paid to institutions | during the | year was as | follows: | ||
| 2023 | 2022 | ||||
| f | f | ||||
| Diocese ofJerusalem | 21,434 | 20,834 | |||
| Diocese of Cyprus and the Gulf | 6,433 | 6,033 | |||
| Province ofAlexandria | 18,733 | 21,033 | |||
| 46,600 | 47,900 |
| 8. | FIXED ASSET | INVESTMENTS | INVESTMENTS | INVESTMENTS | INVESTMENTS | ||||
|---|---|---|---|---|---|---|---|---|---|
| Listed | |||||||||
| investments | |||||||||
| f | |||||||||
| MARKET VALUE | |||||||||
| At 1st July 2022 | 1,951,589 | ||||||||
| Revaluations | 61,555 | ||||||||
| At 30th June | 2023 | 2,013,144 | |||||||
| NET BOOK VALUE | |||||||||
| At 30th June | 2023 | 2,013,144 | |||||||
| At 30th June | 2022 | 1,951,589 | |||||||
| There were no investment | assets outside the | UK. | |||||||
| Cost or valuation | at 30th June 2023 is represented | by: | |||||||
| Listed | |||||||||
| investments | |||||||||
| f | |||||||||
| Valuation in 2023 |
2,013,144 | ||||||||
| The historical | cost of | fixed | asset investments | was | f1,410,612(2022:f1,410,612) | ||||
| 9. | DEBTORS:AMOUNTS | FALLING DUE WITHIN | ONE | YEAR | |||||
| 2023 | 2022 | ||||||||
| f | f | ||||||||
| Debtors | 1,533 | 16,401 | |||||||
| The Jerusalem | and The East Mission Trust Limited | 17,425 | 13,367 | ||||||
| Prepayments | and | accrued | income | 14,395 | 14,395 | ||||
| 33,353 | 44,163 |
| CREDITORS: | AM | OUNTS FALLING |
DUE WIT | HIN ONE YEAR | |||
|---|---|---|---|---|---|---|---|
| 2023 | 2022 | ||||||
| f | f | ||||||
| Current account with JEMTL | 2,300 | 15,000 | |||||
| Grants payable | 34,175 | 16,742 | |||||
| 36,475 | 31,742 | ||||||
| MOVEMENT | IN | FUNDS | |||||
| Net | |||||||
| movement | At | ||||||
| At 1.7.22 | in funds | 30.6.23 | |||||
| f | f | f | |||||
| Endowment | funds | ||||||
| Jerusalem Bishopric fund |
958,992 | 30,015 | 989,007 | ||||
| Mission Trust | Limited | 552,775 | 17,633 | 570,408 | |||
| Campbell | 68,140 | 975 | 69,115 | ||||
| The Overseas | Bishopric Fund (Egypt) | 395,886 | 8,690 | 404,576 | |||
| 1,975,793 | 57,313 | 2,033,106 | |||||
| TOTAL FUNDS | 1,975,793 | 57,313 | 2,033,106 | ||||
| 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 |
28,565 | (29,077) | 30,527 | 30,015 | |||
| Mission Trust | Limited | 16,513 | (16,472) | 17,592 | 17,633 | ||
| Campbell | 2,090 | (2,068) | 953 | 975 | |||
| The Overseas | Bishopric Fund (Egypt) | 11,853 | (15,646) | 12,483 | 8,690 | ||
| 59,021 | (63,263) | 61,555 | 57,313 | ||||
| TOTAL FUNDS | 59,021 | (63,263) | 61,555 | 57,313 |
| Net | |||||
|---|---|---|---|---|---|
| movement | At | ||||
| At 1.7.21 | in funds | 30.6.22 | |||
| 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 |
| 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 |