2022-12-31-accounts

Trustees		Mr R Mclntyre
		Mrs STyme	(Resigned 23 March 2023)
		Mr M Frost
		Mr J Bryson
		Mr B0 Falegan
		Mr ACheung
		Mrs AWalker	(Resigned 23 March 2023)
		S Mahtani
		Mr G Bleasdale
		A F Holtshausen
		Dr E M Craig
		Miss AAverkiou
Charity number		1125684
Company	number	06327802
Registered	office	Telfer House
		Range Road
		Witney
		OX29 OYN
Auditors		Shaw Gibbs (Audit) Limited
		264 Banbury Road
		Oxford
		Oxfordshire
		OX2 7DY

		Page
Trustees' report		1-9
Independent auditoVs	report
Statement offinancial	activities	13
Balance sheet		14
Statement ofcash flows		15
Notes to the accounts		16-28

			Unrestricted	Designated	Restricted	Total	Total
			funds	funds	funds	2022	2021
		Notes	6	6	6	6	6
Income and endowments	from
Donations and legacies		3	6,221,898	3,605,188	5,994,523	15,821,609	16,469,834
Activities for generating funds			41,704			41,704	19,975
Investment income		4	2,284			2,284	164
Incoming resources from
charitable activities		5	10,971			10,971	37,734
Total income and endowments			6,276,857	3,605,188	5,994,523	15,876,568	16,527,707
~ECht
Raising funds			1,187,490			1,187,490	988,775
Charitable activities		8	4,566,366	3,605,188	5,994,523	14,166,077	15,633,753
Total resources expended			5,753,856	3,605,188	5,994,523	15,353,567	16,622,528
Net (gains) on investments		10		(86,459)		(86,459)
Net income/(expenditure)	for the	year/
Net movement in funds			523,001	86,459		609,460	(94,821)
Fund balances at 1 January	2022		2,446,264	143,580		2,589,844	2,684,665
Fund balances at 31 December
2022			2,969,265	230,039		3,199,304	2,589,844

					2022			2021
				Notes	6			F
Fixed assets
Tangible assets				12		994,759		1,439,024
Investment	properties			13		500,000
						1,494,759		1,439,024
Current assets
Debtors				14	1,650,455			942,243
Investments				15	83,000			83,000
Cash at bank and		in	hand		295,934			268,678
					2,029,389			1,293,921
Creditors:	amounts		falling due within	16
one year					324,844			143,101
Net current	assets					1,704,545		1,150,820
Total assets less		current liabilities				3,199,304		2,589,844
Income funds
Designated	funds					230,039		143,580
Unrestricted	funds					2,969,265		2,446,264
						3,199,304		2,589,844
								23 May 2023

				2022		2021
			Notes	6		F
Cash flows from operating		activities
Cash generated from operations			22		74,714		146,569
Investing	activities
Purchase	oftangible fixed assets			(49,742)		(66,594)
Interest received				2,284		163
Net cash	used in investing	activities			(47,458)		(66,431)
Financing	activities
Repayment	of bank loans					(48,546)
Net cash	used in financing	activities					(48,546)
Net increase in cash and cash equivalents					27,256		31,592
Cash and	cash equivalents	at beginning	ofyear		268,678		237,086
Cash and	cash equivalents	at end of	year		295,934		268,678

Donations	and legacies
		Unrestricted	Designated	Restricted	Totai	Total
		funds	funds	funds	2022	2021
		6	6	6	6	6
Donations	and gifts	4,094,393	3,605,188	5,994,523	13,694,104	15,016,606
Legacies	receivable	2,127,505			2,127,505	1,453,228
		6,221,898	3,605,188	5,994,523	15,821,609	16,469,834

		2022	2021
		6
Interest	receivable	2,284	164

		Unrestricted	Unrestricted
		funds	funds
		general	general
		2022	2021
			6
Other	income	21
Rental	income	10,950	37,734
		10,971	37,734

7	Allocation of	governance	and support costs
					Governance	Other	Total
					Related	Support costs	allocated
					2022	2022	2022
	Cost type
	Staff costs				40,066	921,189	961,255
	Finance costs				11,280	108,434	119,714
	Depreciation					80,467	80,467
	Building costs					127,232	127,232
	ITcosts					148,538	148,538
	HR costs					76,758	76,758
	Other costs				7,054	27,306	34,360
	Total				58,400	1,489,924	1,548,324
	All governance	costs are	met from unrestricted	funds.

The staff costs have been	allocated	based on the time spent on each activity.
Governance costs:			2022	2021
			F	f
Audit fees			11,280	10,770
Professional fees			4,663	2,132
Meeting expenses			2,391	1,258
Staif costs			40,066	42,768
Total			58,400	56,928
Allocation ofgovernance charitable and fundraising	and support costs to activities:		2022f	2021f
Providing bibles and Christian literature			111,973	79,340
Training for leadership and	discipleship		440,382	514,564
Raising awareness and encouraging		prayer	137,502	120,842
Sustaining lives, supporting	livelihoods		449,053	451,709
Speaking out in advocacy			112,688	86,760
Engaging and mobilising the Church			156,449	117,589
Preparing the next generation ofsupporters			20,525	15,322
Allocated to charitable activities			1,428,572	1,386,126
Allocated to fundraising activities			119,752	87,667
Total			1,548,324	1,473,793

			Providing	Training for	Sustaining	Raising	Engaging	Speaking	Preparing	2022	2021
			bibles and	leadership	lives,	awareness	and	out in	the next
			Christian	and	suppordng	and	mobilising	advocacy	generation
			literature	discipleship	livelihoods	encourag-	the Church		of
						ing prayerf			supportersf
Analysts	by fund
Unrestncted		funds	111,973	440,382	449,054	1,383,508	1,100,377	897,543	203,529	4,566,366
Designated
funds			501,770	1,622,756	1,156,866		300,581	23,215		3,605,188
ResVicted		funds	496,613	2,303,801	2,846,999		150,423	196,687		5,994,523
			1,110,356	4,366,939	4,452,919	1,383,508	1,551,381	1,117,445	203,529	14,166,077
For the year ended 31 December 2021
UnresVicted		funds	79,340	514,564	451,709	1,230,681	867,180	743,971	172,815		4,060,260
Designated
fuiitts			276,973	1,734,866	1,886,253	132,268	354,427	136,171			4,320,958
Restricted		funds	538,543	3,554,202	2,956,739		104,645	98,406			7,252,535
			894,856	5,803,632	5,094,701	1,362,949	1,326,252	978,548	172,815		15,633,753

	The number were:	ofemp	loyees	whose annual remuneration was	E60,000 or more
					2022	2021
					Number	Number
	E60,000-E69,999				3
	E70,000-E79,999
	E80,000-E89,999
					2022	2021
					E	E
	Wages and	salaries			2,725,086	2,594,654
	Social security costs				250,643	233,286
	Pension costs				154,356	149,727
					3,130,085	2,977,667
10	Net gains/(losses)		on investments
					Designated	Total
					funds
					2022	2021
					E	E
	Revaluation	of investment		properties	86,459

12	Tangible fixed assets
			Freehold	Computer	Ofhce	Motor	Total
			propertyf	Equipment F	Equipment F	vehicles F
	Cost
	At 1 January 2022		1,661,426	105,195	77,757	10,990	1,855,368
	Additions		5,500		44,242		49,742
	Transfer to investment	property	(421,950)				(421,950)
	At 31 December 2022		1,244,976	105,195	121,999	10,990	1,483,160
	Depreciation and impairment
	At 1 January 2022		295,530	84,949	25,332	10,533	416,344
	Depreciation charged	in the year	46,629	16,228	17,152	457	80,466
	Transfer to investment	property	(8,409)				(8,409)
	At 31 December 2022		333,750	101,177	42,484	10,990	488,401
	Carrying amount
	At 31 December 2022		911,226	4,018	79,515		994,759
	At 31 December 2021		1,365,896	20,246	52,425	457	1,439,024

Investmen	t property
				2022
Fair value
At 1 January 2022
Transfers	from owner-occupied		property	413,541
Net gains	or losses through	fair	value adjustments	86,459
At 31 December 2022				500,000

Debtors
	2022	2021
Amounts falling due within one year:
Trade debtors	686	3,208
Legacies receivable	1,346,549	655,903
Accrued income from Gift Aid donations	245,062	151,154
Other debtors	11,133	5,375
Prepayments and accrued income	47,025	126,603
	1,650,455	942,243

15	Current as	set inves	t	ments
					2022	2021
					6
	Investment	property	held for sale		83,000	83,000
16	Creditors:	amounts		falling due within one year
					2022	2021
					6	6
	Other taxation and social security				85,030	63,445
	Trade creditors				208,473	40,858
	Other creditors				4,033	2,340
	Accruals and deferred			income	27,308	36,458
					324,844	143,101

				Movement
				in funds
			Balance at	Incoming	Balance at		Revaluation	Balance at
		1	January 2021	reeourcea1	January	2022	gains	31 December
								2022
Revaluation	reserve		143,580		143,580		86,459	230,039

Analysis of net assets between funds
		Total
Fund balances at 31 December 2022 are represented	by:
Tangible fixed assets		994,759
Investment properties		500,000
Current assets/(liabilities)		1,704,545
		3,199,304

			2022 F	2021f
	Within one year		6,902	6,134
	Between two and five years		24,175	730
			31,077	6,864
	No vehicles were leased during the year.
22	Cash generated from operations		2022	2021
	Surplus/(deficit) for the year		609,460	(94,821)
	Adjustments for:
	Investment income recognised in SOFA		(2,284)	(164)
	Non-cash income recognised in SOFA			(83,000)
	Fair value gains and losses on investment	properties	(86,459)
	Depreciation and impairment oftangible	fixed assets	80,466	68,306
	Movements in working capital:
	(Increase)/decrease in debtors		(708,212)	383,176
	Increase/(decrease) in creditors		181,743	(126,928)
	Cash generated from operations		74,714	146,569