2021-12-31-accounts

		Page
Officers and professional advisers
Report ofthe Board of	Trustees
Independent Auditor's	report to the Board ofTrustees	12
Statement offinancial	activities	15
Income and expenditure account		17
Balance sheet		18
Statement ofcashflows		19
Notes to the financial statements		20

	Note	2021 Unrestricted funds	2021 Restricted funds	2021 Endowment funds	2021 T %1 otal funds
Income and endowments
from
Donations and legacies
Membership subscriptions		531,984			531,984
Donations, gifts and legacies	2	595,163	116,413		711,576
Investments
Rental Income		40,897			40,897
Bank interest receivable		47			47
Charitable activities		45,715	2,858		48,573
Total income and
endowments		1213806	119271		1333077
EXPENDITURE ON
Raising funds		56,650	1,754		58,404
Charitable activities		984,752	116,405		1,101,157
Total expenditure		1041402	118159		1 159561
NET INCOME:		172,404	1,112		173,516
Transfers between funds	12
NET MOVEMENT IN FUNDS		172,404	1,112		173,516
Reconciliation offunds
Balances brought forward at
13anuary		2 209 119	114848	28918	2 352 885
Balances carried forward at31
December		2 381523	115960	28 918	2 526401
The notes on pages 20 Io33form part		ofthese financial	statements.

			2020		2020	2020	2020
			Unrestricted		Restricted	Endowment	Total
		Note	funds		funds	funds	funds
			E		E		E
Income and endowments
from
Donations and legacies
Membership subscriptions			537,783				537,783
Donations, gifts and
legacies		2	659,612		146,152		805,764
Other trading activities
Rental Income			43,106				43,106
Investments
Bank interest receivable				224			224
Charitable activities			1,566		47,618		49,184
Total income and
endowments			1242	291	193770		1436061
EXPENDITURE ON
Raising funds		4	56,786		4I718		61,504
Charitable activities		4	982,583		174,426		1,157,009
Total expenditure			1039	369	179144		1218513
NET INCOME /
(EXPENDITURE):			202,922		14,626		217,548
Transfers between	funds	12	5	866	5 866
NET MOVEMENT IN FUNDS			208,788		8,760		217,548
Reconciliation offunds
Balances brought forward at 1
January			2000	331	106088	28918	2 135337
Balances carried forward at 31
December			2209	119	114848	28918	2 352 885

			Note	2021	2020
				E	E
Gross income				1,333,077	1,436,061
Expenditure				1,159,561	1,218,513
Net income	for the year			173516	217548
STATEMENT	OF COMPREHENSIVE	INCOME
Net income	for the year			173,516	217,548
Endowment	fund receipt
Total gains	and losses in the year			173516	217548

	Note	Note			2021			2020
HXED ASSETS
Tangible fixed assets					1,392,258			1,385,190
Investment fixed asset					91D ODD			91D ODO
					2,302,258			2,295,190
CURRENT ASSETS
Stock			44,324			39,278
Debtors			85,326			102,162
Cash at bank			560	467		4D5 381
			690,117			546,821
CURRENT LIABILITIES
Amounts falling due within	one year
Mortgage Other creditors	ID	(14,995) ~363973 ~178968			(14,553) ~147486 ~362D39
NET CURRENT ASSETS					511149			384 782
Total assets less current liabilities					2813,407			2,679,972
LONG TERM L2ABILITIE:
Amounts falling due after one year
Mortgage Other creditors			(287,006)			(302,087) ~25 IIDO
					(287,006)			(327,087)
TOTAL ASSETS LESSLIABILITIES					2 526401			2 352 885
FUNDS
Unrestricted funds
General Funds	12				428,013			322,290
Designated Funds	12				I 953 51D			I 886 829
					2,381,523			2,209,119
Restricted funds	12				115,960			114,848
Endowment funds	12				28,918			28,918
					2 526 4III			2 352885
The financial statements	have been prepared	in accordance		with the special provisions			relating	Io small
companies within Part 15ofthe Companies		Acl 2006.
Approved and authorised	by the Board ofTrustees on		153une 2022 and signed			on their behalf by:
Dr Evan McRorie		Howar
Chair		T surer

OR THE YEAR ENDED 31		DECEM	BER 2	021
				Note	2021		2020
Cash provided by operating		activities					247,605
Cash flows from investing		activities
Interest income					47		224
Purchase of tangible	fixed assets			(36,217)			(6,826)
Cash provided by investing		activities			36170		6602
Cash flows to Ifrom financing
activities
Mortgage repayment				(14,639)			(14,184)
Loans (repaid) I received				(25,000)			(10,000)
Cash used in financing activities					39,639		24 184
(Decrease) lincrease in cash and			cash
equivalents in the year					155,086		216819
Cash and cash equivalents	at the
beginning ofthe year				405,381			188,562
Total cash and cash equivalents			at the
end ofthe year					560,467		405,381
Analysis ofchanges in net		debt
				1Jan		noncash	31 Dec
				2021	Cashflows	changes	2021
					6		6
Cash				405,381	155,086		560,467
Mortgage due within one	year			(14,553)	14,639	(15,081)	(14,995)
Mortgage due in more than		one
year				(302,087)		15,081	(287,006)
Loans				25,000			25,000
Total				63,741	169,725		233,466

DONATIONS, GIF	TS AND LEGAC	TS AND LEGAC	IES
	Unrestricted funds 2021		Restricted	Total	Unrestricted f it 2Q2Q un s			Restricted funds 2020	Total 2020
General donations		240,610		240,610			305,373		305,373
Appeals		119,392	5,000	124,392			165,734		165,734
Gift aid		153,982	8,517	162,499			171,107	8,782	179,889
Ministry donations			71,577	71,577				63,579	63,579
Grants			28,819	28,819				73,791	73,791
Legacies		81,179	2.500	83679			17,398		17398
		595,163	116,413	711,576			659,612	146,152	605,764

EXPENDITURE
		Direct costs	Support costs	Total 2021	2020
		E	E	E	E
Raising Funds		9401	49,003	58,404	61,504
Charitable activities - Grants
paid			3,837	3,837	3,819
Charitable activities - Costs
of activities
Student Ministry		94,459	54,235	148,694	204,411
Graduate Ministry		120,234	52,910	173,144	157,837
International
Ministry		123,867	41,879	165,746	184,103
Graduate Nurses	Ministry	59,596	23,438	83,034	77,296
Volunteer ministry		59,664	38,126	97,790	94,483
Communications	and Public
Policy		190,570	55,970	246,540	231,895
Membership
support			147.675	147,675	169,948
		648,390	414,233	1,062,623	1,119973
Governance
costs			34,697	34,697	33,217
Total		657,791	501,770	1,159,561	1,218,513

Analysis	ofsupport costs	2021	2020
		E	E
Salarties		311,789	323,734
Finance		22,580	21,707
Mortgage	interest	9,213	9,669
IT		38,637	40,794
HR		8,178	7,406
Premises	and office costs	42,298	59,146
Depreciation		29,149	36,814
Other support costs		39,926	34,000
Total costs ofactivities		501,770	533,270

4.Analysis ofCharitable Acti type	vities by fund
	Unrestricted funds F	Restricted funds f		Total 2021 E	2020 6
Raising Funds	56,650	1,754		58,404	61,504
Charitable activities	951,290	115,170		1,066,460	1,123,792
Governance costs	33462	1,235		34,697	33,217
	1,041,402	118,159		1,159,561	1,218,513
TANGIBLE FIXEDASSETS
		Freehold ro e		Other assets	Total
Cost		6		f
At 1 January 2021		1,600,625		358,039	1,958,664
Additions		27,066		9,151	36,217
Disposals
Reclassification
At 31 December 2021		1,627691		367190	1994881
Depreciation
At 1 January 2021		246,465		327,009	573,474
Charge for the year		18,024		11,125	29,149
Depreciation on disposals
Reclassification
At 31 December 2021		264489		338134	602 623
Net book value
At 31 December 2021		1,363,202		29,056	1,392,258
At 1 January 2021		1,354,160		31,030	1,385,190
All tangible fixed assets ofthe Charity are used directly		for chaditable	purposes.
FIXEDASSET INVESTMENT
Freehold investment property				2021 f	2020 f
Valuation				910,000	910,000
Accumulated depreciation
				910,000	910,000
Revaluation in year
at 31December				910,000	910,000

				2021	2020
				Number	Number
Average	number ofpersons	employed	during the year	24	24
				2021 E	2020f
Salaries				661,861	641,429
Social security costs				62,990	59,666
Other pension costs				62,640	89,209
				787,491	790,304

NET INCOME
This is stated after charging	2021	2020
		6
Audit fee	4,500	4,200
Depreciation	29,149	36,814
DEBTORS
	2021	2020
Gift Aid receivable	41,612	60,540
Prepayments	18,628	18,292
Other debtors	25,086	23,330
	85,326	102162

0.	CREDITORS: Amounts	falling due within one year
			2021f	2020
	Mortgage		14,995	14,553
	Other creditors		62,446	51,449
	Accruals		5,566	4,842
	Holiday pay accrual		48,482	47,550
	Deferred income		22,479	645
	Interest Free loans		25,000	43,000
			178968	162039
11.	CREDITORS: Amounts	falling due after one year	2021f	2020 E
	Mortgage		287,006	302,087
	Interest free loans			25,000
			287006	327087

MOVEMENT IN FU	NDS
		Balance					Balance at
		at 1 January	Income	Revaluation	Expenditure	Transfers	31 December
		2021					2021
Unrestricted Funds		f	f		F	f	f.
General Fund		291,049	1,124,764		(1,013,753)	(6,130)	395,930
Graduate regional funds		31,241	1,254		(412)		32,083
Development Fund			4,809			4,809
		322,290	1,130,827		(1,014,165)	(10,939)	428,013
Designated Funds
Property fund		1,879,520			(27,237)	93,918	1,946,201
Lavinia Croxon Memorial
Fund income		7,309					7,309
Legacies			81,179			(81,179)
Capital fund (unrestricted)			1,800			1,800
		1,886,829	82,979		27,237	10,939	1,953,510
Total unrestricted funds		2209119	1 213806		1 041 402		2381 523
Restricted Funds
Founders' scholarship		6,711					6,711
Student international
scholarships		5,266					5,266
Student Ministries			20,432		(20,432)
Regional staff workers		13,269	5,851		(3,243)		15,877
Project support		62,167	27,406		(33,821)		55,752
Saline Solution		7,227					7,227
Scottish nurses fund		3,831					3,831
Medical schools		6,770	250				7,020
Graduate Ministries			7,743		(7,743)
International Ministries			20,127		(20,127)
Graduate Nurses Ministry			15,589		(15,589)
Volunteer Ministry Fund			3,885		(3,885)
Communications &	Public
Policy			14,075		(14,075)
Conference room facilities		3,607	1,413		756		5,776
.Overseas restricted	funds	6,000	2,500				8,500
Restricted legacy
Total restricted funds		114848	119271		118,159		115,960
Endowment Fund
Lavinia Croxon Memorial
Fund		28,918					28,918
Total funds		2,352,885	1,333,077		1,159,561		2,526,401

MOVEMENT IN FU	NDS (Con	tinued)
		Balance at1 January 2020	Income	Revaluation	Expenditure	Transfers	Balance at 31 December 2020
Unrestricted Funds		6	6		6	6
General Fund		85,154	1,210,441		(1,021,512)	16,966	291,049
Graduate regional funds		29,920	1,566		(245)		31,241
Development Fund			10,592			10,592
		115,074	1,222,599		(1,021,757)	6,374	322,290
Designated Funds
Property fund		1,877,948			(17,612)	19,184	1,879,520
Lavinia Croxon Memorial
Fund income		7,309					7,309
Legacies			17,398			(17,398)
Capital fund (unrestricted)			2,294			2,294
		1 885257	19692		17612	508	1,886.829
Total unrestricted	funds	2,000 331	1 242,291		1 039 369	5866	2,209,119
Restricted Funds
Founders' scholarship		6,711					6,711
Student international
scholarships		5,266					5,266
Student Ministries			51,963		(51,963)
Regional staff workers		10,597	6,157		(3,485)		13,269
Project Support		37,988	73,791		(49,612)		62,167
Saline Solution		7,701			(474)		7,227
Scottish nurses fund		3,831					3,831
Medical schools		7,530	173		(933)		6,770
Graduate Ministries			18,821		(18,821)
International Ministries			18,000		(18,000)
Graduate Nurses Ministry			4,990		(4,990)
Volunteer ministry fund			7,867		(7,867)
Communications &	Public
Policy			12,008		(12,008)
Conference room facilities		4,929			(1,322)		3,607
Overseas restricted	fund	6,000					6,000
Restricted legacy		15,535			9,669	5,866
Total restricted funds		106,088	193,770		179,144	5,866	114,848
Endowment Fund
Lavinia Croxon Memorial
Fund		28,918					28,918
Total funds		2,135,337	1,436,061		1,218,513		2,352,885

		2021	2020
			E
Within one year		1,292	3,058
After one year but within five years		1,938	3,230
		3,230	6,288
		2021	2020
			6
Lease expense	in year	3,058	8722