2021-12-31-accounts - Eurovision Mission To Europe

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Objectives and Activities	2
Achievements and Performance	3
Financial review	5
Plans for future periods	6
Structure, governance and management	7
Reference and administrative details	7
Statement o f Trustees' Responsibilities	8

Auditor's Report	9−11
Annual Accounts
Statement o f Financial Activities	12
Balance Sheet	13
Cashflow Statement	14
Notes to the Accounts	16−19

Trustees:	M r R Parkhouse (Chairman)	Elected by Trustees 24/09/2010
	M r E C Woodward	Elected by Trustees 2/06/2003
	M r L Holihan	Elected by Trustees 4/08/2008
	M r M Wieteska	Elected by Trustees 19/07/2016
	M r C Curtis	Elected by Trustees 23/05/2011 (Resigned 20/07/2021)
	Mrs ER Parkhouse	Elected by Trustees 23/05/2011

			Unrestricted	Restricted	Total	Total
		Notes.	funds	funds	2021	2020
			£	£	£	£
INCOME FROM:
Donations and Legacies		2	1,702,611	83,467	1,786,078	1,725,623
Tax recoverable			135,356	3,079	138,435	128,142
Charitable activities
Sales o f books and DVD's			29,492		29,492	20,977
Event Booking						7,226
Investments
Bank interest received			27		27	56
Other Income						5,754
Total			1,867,486	86,546	1,954,032	1,887,778
EXPENDITURE ON:
Raising funds
Newsletter			119,521		119,521	127,594
Advertising, promotion and publicity			61,040		61,040	50,311
			180,561		180,561	177,905
Charitable activities
Public Events		4	1,112,238	72,240	1,184,478	1,185,317
Gifts/Aid		5	9,416	20	9,436	13,064
Television and Audio/Visual	•	6	227,097		227,097	179,603
Prophetic Vision magazine and teaching			253,098		253,098	259,443
Royalties			23,165		23,165	13,593
			1,625,014	72,260	1,697,274	1,651,020
Total		7	1,805,575	72,260	1,877,835	1,828,925
Net income/(expenditure)			61,911	14,286	76,197	58,853
Other Recognised gains
Revaluation o f Property
Currency Fluctuation gain/(loss)			(11,314)		(11,314)	674
			(11,314)		(11,314)	674
NET MOVEMENTS I N FUNDS			50,597	14,286	64,883	59,527
Total funds brought forward at 1st January			690,626	20,301	710,927	651,400
Total funds carried forward at 31st December			741,223	34,587	775,810	710,927

	Notes	2021	2021	2020	2020
Fixed Assets
Tangible Assets	8		365,554		374,792
Current Assets
Stock		1,421		1,120
Debtors falling due within one year	9	185,351		10,441
Cash at bank and in hand		270,767		350,242
		457,539		361,803
Current Liabilities
Creditors: falling due within one year	10	47,283		25,668
Net Current Assets			410,256		336,135
NET ASSETS			775,810		710,927
Represented by:
Income Funds
Restricted funds	11		34,587		20,301
Unrestricted funds			741,223		690,626
TOTAL FUNDS	12		775,810		710,927

	2021	2020
	£	£
Cash flows from operating activities
Net movements in funds	64,883	59,527
Depreciation	16,908	18,139
Revaluation	−	−
(Increase)/Decrease in stocks	(301)	33
(Increase)/Decrease in debtors	(174,910)	131,932
Increase/(Decrease) in creditors	21,615	3,364
	(71,805)	212,995
Capital expenditure
Purchase o f tangible assets	(7,670)
Cash flows from financing activities
Cash inflows from new borrowing
Cash at bank and in hand 31 December 2020	350,242	137,247
Cash at bank and in hand 31 December 2021	270,767	350,242


PUBLIC EVENTS	−Direct	costs	−	Support costs
	Unrestricted	Restricted		Support	Total
	funds		funds	Costs	2021
			£	£
Poland	564,436		5,484	50,184	620,104
Ukraine	272,537		570	39,554	312,661
Israel			17,265	_	17,265
Other Public Events	219,439		6,856	7,266	233,561
UK including Prayer days	887		−		887
Restricted funds useable in evangelism	(42,065)		42,065
	1,015,234		72,240	97,004	1,184,478

GIFTS/AID	Unrestricted	Restricted	Total
	funds	funds	2021
Russia	3,596		3,596
UK (including gifts to overseas visitors)	5,820	20	5,840
	9,416	20	9,436

TOTAL RESOURCES EXPENDED	Staff	Other	Depre−	Total
	costs	costs	ciation	2021
	£	£	£	£
Public Events	163,905	1,018,000	2,573	1,184,478
Gifts/Aid		9,436	−	9,436
Television and Audio/Visual	72,675	141,975	12,447	227,097
Prophetic Vision magazine and teaching	31,381	220,859	858	253,098
Newsletter	31,380	87,712	429	119,521
Advertising, promotion and publicity	20,348	40,263	429	61,040
Royalties	−	23,165	−	23,165
	319,689	1,541,410	16,736	1,877,835

Support cost	Newsletter	Promotion	Public	Audio	Prophetic	Basis o
			Events	Visual	Vision	Allocation
Governance	1,195	853	11,265	2,560	1,195	Time
Office Administration	1,144	1,144	6,866	2,289	2,289	Floor Area
Salaries	30,748	19,895	54,260	36,174	30,748	Time
Communication	1,951	9,516	3,910	7,558	1,951	Usage
Office maintenance	2,387	2,387	14,324	4,775	4,775	Floor Area
Interest and Bank Charges			6,379	2,126	2,126	Usage
	37,425	33,795	97,004	55,482	43,084

		No. of employees working in: −
	Generating Funds	Direct Charitable	Governance	Total
				2021
Employees:	1.8	5.0	0.2	7
No. o f employees	earning over £60,000 p.a. excl. pension contributions:

TS	ixtures, Fittings	Freehold	Total
	& Equipment	Property
Cost
At 1st January 2021	42,436	610,207	652,643
Additions	7,670		7,670
(Disposals)
At 31st December 2021	50,106	610,207	660,313
Accumulated depreciation
At 1st January 2021	42,434	235,417	277,851
Charge for year	1,534	15,374	16,908
(Disposals)
At 31st December 2021	43,968	_ 250,791	294,759
Net book values
At 31st December 2021	6,138	359,416	365,554

	2021	2020
Falling due within one year:	£	£
Accruals	5,710	7,559
Trade creditors	38,254	15,370
Taxation and social security	3,319	2,739
Loans repayable within 1 year	_	−
	47,283	25,668

			Income	Expenditure	Balance	Balance
					1st Jan	31st Dec
					2021	2021
Israel			31,551	17,265	20,301	34,587
Other	Public	Events	54,995	54,995
			86,546	72,260	20,301	34,587