**Company Registration No. 06458814 (England and Wales) Charity Registration No. 1138101** # **OPERATION NOAH** ## **DIRECTORS’ REPORT FOR THE YEAR ENDED 31 DECEMBER 2021** **13/06/2022** Page **1** of **7** ON Directors' Report 2021 - Final (signed on original) ## **OPERATION NOAH** ## **COMPANY INFORMATION** Operation Noah is a Charitable Company Limited by Guarantee and a Charity Registered in England & Wales. Its primary Governing Documents are a Memorandum and Articles of Association. |**Directors**|Mr John Beardmore (until January)| |---|---| ||Mrs Nicola Bull| ||Revd Dr Darrell Hannah| ||Mr David Miller| ||Ms Holly Petersen| ||Revd Dr Martin Poulsom| ||Revd Richard Dimery (until July)| ||Mr Kevin Shang| ||Mrs Claire Ives| ||Mr Cameron Conant| ||Ms Rachie Elizabeth Ross| ||Ms Shilpita Mathews (from January)| ||Ms Stephanie Lake (from January)| ||Ms Hannah Malcolm (from January)| |**Secretary**|Mr David Miller| |**Company number**|06458814| |**Charity number**|1138101| |**Registered office**|The Neighbourhood Office| ||40 Bermondsey Street| ||London| ||SE1 3UD| |**Independent Examiner**|Mr Malcolm W Rogers| ||CEng, FBCS, FIC, ACIE| |**Bankers**|The Co-operative Bank| **13/06/2022** Page **2** of **7** ON Directors' Report 2021 - Final (signed on original) ## **OPERATION NOAH** ## **A Company limited by guarantee** ## **DIRECTORS’ REPORT FOR THE YEAR ENDED 31 DECEMBER 2021** The Directors, who are also the trustees of the Charity, present their report and financial statements for the year ended 31 December 2021. ## **Objects of the Company** The object of the Charity is to promote the conservation, protection and improvement of the physical and natural environment particularly with regards to climate change and global warming, in accordance with Christian principles. ## **Public benefit** In planning activities for the year, the board of Directors confirm that they have given due regard to the Charity Commission’s legislative and regularity requirements to comply with Section 17 of the Charities Act 2011. This report outlines how our achievements during the year have benefited the public. ## **Summary of Financial Position for the Year and at 31st December 2021** The Charity’s income in 2021 was £173,591 (£82,610 in 2020), and the expenditure was £84,737 (£108,696 in 2020), giving a 2021 surplus of £88,854 (£26,086 deficit in 2020). The large surplus was due to the first instalment of a major grant being received towards the end of the year for a new two-year project being undertaken in 2022-2023. Key figures are shown in the table: ## **Summary of SOFA for 2021 (2020)** ||**Unrestricted**
**Funds**|**Total**
**Restricted**
**Funds**|**Total**
**2021**|**Total**
**2020**| |---|---|---|---|---| ||£|£|£|£| |**INCOME**||||| |Donations|19,658|10|19,688|15,888| |Gift Aid|1,593||1,593|1,343| |Grants||150,814|150,814|62,745| |Primary-purpose Trading|1,476||1,476|2,352| |Interest|20||20|261| |Other income|19||19|21| |**Total Receipts**|**22,767**|**150,824**|**173,591**|**82,610**| |**EXPENDITURE**||||| |Charitable Activities|**8,504**|**55,997**|**64,501**|**88,975**| |Cost of Raising Funds|**553**|**3,108**|**3,661**|**2,102**| |Governance Costs|**1,177**||**1,177**|**4,248**| |Other Support Costs|**4,621**|**10,777**|**15,397**|**13,371**| |**Total Expenditure**|**14,855**|**69,882**|**84,737**|**108,696**| |**Surplus/(Deficit)**|**7,912**|**80,942**|**88,854**|**(26,086)**| **13/06/2022** Page **3** of **7** ON Directors' Report 2021 - Final (signed on original) ## **Assets and Liabilities** The Charity’s net assets increased by £88,854 during financial year 2021, thus: |**Current Assets**|**2021**|**2020**| |---|---|---| |**Cash at Bank and in hand**|**145,055**|**59,418**| |**Debtors**|**2,293**|**1,343**| |**Creditors**|**(2,170)**|**(4,437)**| |**Total assets less current liabilities**|**145,178**|**56,324**| The Restricted and Unrestricted funds increased by a total of £88,854. All fund balances were positive as at 31 December 2021. |ecember 2021.|||||| |---|---|---|---|---|---| ||**Closing Balance**
**31-12-20**|**Income**|**Expenditure**|**Surplus/**
**(Deficit)**|**Closing Balance**
**31-12-21**| |**Total Restricted Funds**|**32,492**|**150,824**|**69,882**|**80,942**|**113,434**| |**Unrestricted Funds**|**23,832**|**22,767**|**14,855**|**7,912**|**31,744**| |**Grand Total**|**56,324**|**173,591**|**84,737**|**88,854**|**145,178**| ## **Covid-19** The Charity has continued to operate under the restrictions caused by the pandemic during 2021. Staff have been retained and, whilst mostly working at home through the year, have also used the London office on occasions in the second half of the year. The campaigns engaged in by the Charity have enjoyed considerable success and have not been significantly compromised by being conducted online. Board meetings have been held using Zoom and this has enabled trustees from around the country to participate fully. An Annual Supporters Day was held, also using Zoom. Attendance, as in 2020, was higher than had been the case with in-person attendance pre-pandemic. Income has held up well; unrestricted donations exceeded those enjoyed pre-pandemic. Some of the Charity’s costs have continued to be lower than usual. Office rent was frozen for the first four months of 2021 and travel and subsistence costs have been minimal. ## **Governance** Following the adoption of the new Governing Document for the Charity in 2020, the membership of the charity now comprises the trustees solely. The requirement to hold an AGM has been removed. The desire to nurture supporters of the charity has been met by holding a Supporters Day, which is planned to be an annual event. Trustees are now able to be appointed at any Board meeting and re-appointment for a second or third term takes place at the first board meeting in each calendar year. ## **Risk Management** The Trustees conducted a review of the risks faced by the charity and produced a Risk Assessment statement, which will now be the focus of regular review. Management of financial risks has continued to be undertaken by regular reporting of income, expenditure and fund balances. A budget for unrestricted income was agreed for 2021, and regular reporting of unrestricted income and expenditure now shows variances against budget where these may arise. ## **Reserves Policy** The Reserves Policy was updated and approved by Trustees at the November board meeting. **13/06/2022** Page **4** of **7** ON Directors' Report 2021 - Final (signed on original) ## **Chair’s report – 2022** As in 2020, the ongoing Covid-19 pandemic and the resulting restrictions have meant that all staff members have worked from home and board meetings have taken place exclusively online. Nonetheless, the work of Operation Noah has continued much as normal throughout 2021. With COP26 in November, a number of divestment announcements at various points in the year and the initiation of a new project, 2021 was an historic year for ON. Looking back over last year, there are a number of things to highlight in our work at Operation Noah during 2021. ## _**Summary of activities**_ In **February** Operation Noah helped organise a webinar for Methodist campaigners. The founder of the global divestment movement, Bill McKibben, was one of the speakers. This webinar was watched live by over four hundred individuals. **March** witnessed another successful webinar organised by Operation Noah, this one for climate campaigners in the Anglican Communion. It included speakers from South Africa, New Zealand and all four United Kingdom nations. The keynote speaker was the Bishop of Oxford, the Rt Revd Dr Steven Croft. More than two hundred individuals joined us live for this webinar. In **April** the Methodist Church fully divested from fossil fuels. Operation Noah worked with Methodist campaigners to bring this about. In **May** the Church of Scotland divested from oil and gas companies. Operation Noah supported members of the Church of Scotland to bring this to fruition. **May** also saw the first of two Global Divestment Announcements organised and sponsored by Operation Noah, along with our partners at the Laudato Si’ Movement, Green Anglicans, the World Council of Churches and GreenFaith. In this month, 36 faith institutions from 11 countries announced their divestment from fossil fuels. Among others, this announcement included divestment decisions by the Church in Wales, the Baptist Union of Great Britain, the Roman Catholic diocese of Hallam and the Anglican dioceses of Oxford and Bristol. In **June** , we held our annual Supporters’ Event. One of our trustees, Hannah Malcolm, chaired the online event. Over 80 people registered to hear from our speakers, Chine McDonald of Christian Aid, Dave Gregory of the Baptist Union Environmental Network and Josh Tregale of Mock COP26. We also had breakout sessions, providing opportunities for supporters to discuss specific environmental and theological topics. In **September** we secured funding to significantly expand our Bright Now campaign. This new funding will allow us to hire two new staff members and to scale up our work with UK Churches and faith institutions on investment in climate solutions, such as renewable energy. As part of this expansion of Bright Now, we will also work with partners on a campaign to encourage the Church of England to increase tree coverage on its land and improve its land management practices, given the urgent climate and biodiversity crises. **October** witnessed the second Global Divestment Announcement (again co-sponsored with the Laudato Si’ Movement, Green Anglicans, the World Council of Churches and GreenFaith). With 72 faith institutions, from six continents, making divestment commitments totalling more than £3.1 billion ($4.2 billion), this was the largest-ever joint divestment announcement. UK Church institutions who joined this divestment announcement included the Roman Catholic Bishops’ Conference of Scotland, the Central Finance Board of the Methodist Church, the Presbyterian Church of Wales, the Presbyterian Church in Ireland, 15 Catholic dioceses in the UK and Ireland, including the Archdioceses of Glasgow, St Andrews & Edinburgh, Birmingham and Southwark, and the Anglican dioceses of Truro, Sodor & Man, Norwich and Durham. After being postponed for a year because of Covid, the UN Climate Change Conference (COP26) finally met in Glasgow, in **November** . Operation Noah made its presence felt at the conference. One of our trustees, Shilpita Mathews, an environmental economist, was an official observer at the conference, and our Bright Now **13/06/2022** ON Directors' Report 2021 - Final (signed on original) Page **5** of **7** Campaign Manager, James Buchanan, spoke at several events and helped organise a powerful inperson discussion on divestment and climate justice, which we also live-streamed to an international audience. Not only did COP26 take place in **November** , but this month also saw the conclusion of an initiative which began with Operation Noah: Climate Sunday. This year-long initiative culminated with an ecumenical service in Glasgow Cathedral. Over 2,200 UK churches held climate-themed services during the year in the build up to COP26. Many of those churches also lobbied their MP, signed the Climate Coalition’s letter calling for more ambitious climate action or joined a church greening scheme. In **December** we interviewed for and hired two new employees to help with the expansion of Bright Now (mentioned above). They will begin working in January 2022. Also in **December** , Shell announced that it would no longer fund the Cambo oil field, west of Shetland. While majority stakeholder Siccar Point Energy still hopes to take the project forward with new backers, it is now pausing the project as Shell’s withdrawal means it is unable to keep to the ‘originally planned timescale.’ Cambo would produce annual emissions equivalent to 18 coal-fired power stations and is the first of more than a dozen proposed new North Sea oil projects. Operation Noah is proud to be an official partner of the Stop Cambo campaign. At the time of Shell’s announcement, ON was helping to organise an open letter to the Church of England’s Pension Board, which leads on engagement with Shell, urging the Pension Board to make it clear to Shell it must ‘abandon plans for the Cambo oil field.’ The letter had been signed by over seventy CofE clergy and bishops. ## **Acknowledgements:** We are grateful to the Franciscan Sisters of Mary (US), the Society of the Sacred Heart, Society of the Holy Child Jesus and Porticus for the grant funding we received from them during 2021. We also continue to be very fortunate in having regular donor supporters who give to the unrestricted funds that are needed to cover the ongoing running costs of Operation Noah. - **Staff** : **Ruth Jarman,** a founding member of the Operation Noah board, continued to served efficiently as Operation Noah’s Administrator during the last year. She has ensured that our administration continues to run smoothly and that enquiries and requests for resources are responded to promptly. In Septmeber trustee Cameron Conant took over as our Communications Officer (our new governing document allowing trustees to receive remuneration for providing services to the charity). Cameron has done great work on social media and with the website and the newsletter. We were very pleased **Bokani Tshidzu** has continued in her role of Bright Now Campaign Officer. She and **James Buchanan** have worked very hard on the campaign throughout the year and under the difficult circumstances necessitated by the pandemic. - **Trustees** : Board members continued to work extremely hard throughout 2021: **Revd Richard Dimery** and **John Beardmore** both stepped down from the board during the last year. **Dr Martin Poulsom** continued to be responsible for oversight of the Bright Now campaign. **Holly Petersen** has resumed her role on the board after taking time out for a year, due to work pressures. Treasurer, **David Miller** , worked tirelessly throughout the year and reports to each board meeting as well as producing an annual budget and our submission to the UK Charity Commission. **Dr Darrell Hannah** has remained as Chair of Trustees, with **Nicky Bull** continuing as Acting Vice-Chair. - We were delighted to appoint a number of new board members during 2021: **Stephanie Lake** , **Hannah Malcolm** and **Shilpita Mathews** all joined the board in January of 2021. **Paul Redfern** was also added to the board in January of 2022. We continue to have a strong team of all ages and with a good spread of expertise and experience. ## **Impact Benefit Statement** During the year, Operation Noah has continued to reach out to Christians on the issue of climate change and to make progress in its campaign on fossil fuel divestment. It: - promoted its resources, including _Church Investments in major oil companies: Paris compliant or Paris defiant?_ ; _Divest your Church (a guide for local churches)_ ; and _Tenants of the King_ ; **13/06/2022** Page **6** of **7** ON Directors' Report 2021 - Final (signed on original) - promoted its work and publications at a number of events, including the Faith for the Climate Network meetings, as well as through developing and updating our website, regular newsletters and social media posts; - sought to widen its impact by continuing to collaborate with other organisations and by membership of the Environmental Issues Network and the Faith for the Climate Network; and - worked with key stakeholders and attended meetings with church investors to scrutinise engagement with fossil fuel companies. ## **Recruitment and induction of trustees** Trustees are selected on the basis of their expertise, skills and knowledge and upon the benefits that these can bring to the Charity. New trustees are briefed on the activities of the Charity by other trustees and by the staff; their attention is drawn in particular to their legal obligations under Charity Law and the Charity Commission guidance on public benefit. The Charity has taken advantage of the small companies’ exemption in preparing the report above. This Annual Report, and the associated Annual Accounts, were both approved at the meeting of the Trustees held on 13[th] June 2022; the Directors / Trustees in office at that date were: Mrs Nicola Bull Revd Dr Darrell Hannah Mr David Miller Revd Dr Martin Poulsom Ms Holly Petersen Mr Cameron Conant Mr Kevin Shang Mrs Claire Ives Ms Shilpita Matthews Ms Rachie Ross Ms Stephanie Lake Ms Hannah Malcolm Mr Paul Redfern This report was signed on behalf of the Directors / Trustees by: ## _**[signed on original]**_ Revd Dr Darrell Hannah 13[th] June 2022 **13/06/2022** ON Directors' Report 2021 - Final (signed on original) Page **7** of **7** ## **OPERATION NOAH** **Charitable Company Registration number 06458814 Registered Charity in England & Wales number 1138101** **ACCOUNTS FOR FINANCIAL YEAR 1st JANUARY 2021 to 31st DECEMBER 2021** ON Accounts 2021 - Final (signed on original) 1 of 11 13 July 22 ## **Independent examiner's report on the accounts** ## **Report to the trustees / members of Operation Noah** **on the accounts for the year ended 31st December, 2021, set out on pages 3 to 11** ## **Respective responsibilities of trustees and examiner** The trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The charity's **It is my responsibility to:** * examine the accounts under section 145 of the Charities Act; * follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act; and * state whether particular matters have come to my attention. **Basis of independent examiner's statement** My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting ## **Independent examiner's statement** In connection with my examination, no material matters have come to my attention which gives me cause to believe that in, any material respect: - the accounting records have not been kept in accordance with section 386 of the Companies Act 2006; or - the accounts did not accord with the accounting records; or - where accounts are prepared on an accruals basis, whether they fail to comply with relevant accounting requirements under section 396 of the Companies * any matter which the examiner believes should be drawn to the attention of the reader to gain a proper understanding of the accounts. Signed: _**[signed on original]**_ Date: _**13th July 2022**_ Name: **Malcolm W. Rogers** Relevant professional qualification(s) or body (if any): **FBCS, FIC, Ceng, ACIE** Address: **24a Friars Walk Tring Hertfordshire HP23 4AY** ON Accounts 2021 - Final (signed on original) 2 of 11 13 July 22 > Charity No 1138101 > Company No 06458814 Annual accounts for the period 01.01.21 **To** Period end date 31.12.21 Charity Name Operation Noah Period start date ## **Section A Statement of financial activities** |Guidan
ce
Note
S01
S02
S03
S04
S05
S06
S07
**Expenditure (Notes 6)**
**Expenditure on:**
S08
S09
S10
S11
S12
S13
Tax payable
S14
S15
Net gains/(losses) on investments
S16
S17
**Extraordinary items**
S18
S19
S20
Other gains/(losses)
S21
S22
**_Reconciliation of funds:_**
S23
S24
**_Total funds carried forward_**
**Other recognised** **gains/(losses):**
Gains and losses on revaluation of fixed assets for the charity’s own use
**_Net movement in funds_**
Total funds brought forward
Charitable activities
Separate material expense item
Other
**_Total_**
**Net income/(expenditure) before tax for the reporting**
**Net income/(expenditure) after tax before investment**
Other trading activities
Investments
Separate material item of income
Other
**_Total_**
Raising funds
**Income and endowments from:**
Donations and legacies
Charitable activities
**Net income/(expenditure)**
**Transfers between funds**
**Recommended categories by activity**
**Income (Note 3)**|**Unrestricted**
**funds**
**Restricted**
**income funds**
**Endowment**
**funds**
**£**
**£**
**£**
F01
F02
F03
21,271
150,824
1,476
0
20
0|**Total funds**
**Prior year**
**funds**
**£**
**£**
F04
F05| |---|---|---| |||172,094
79,997
1,476
2,352
20
261| ||22,767
150,824|173,591
82,610| ||553
3,108
8,504
55,997
0
5,798
10,777|| |||3,661
2,102
64,501
88,975
0
0
16,574
17,619| ||14,855
69,882|84,737
108,696| |||| ||7,912
80,942|88,854
-26,086| |||| ||7,912
80,942|88,854
-26,086| |||| ||7,912
80,942|88,854
-26,086| ||0
0|| |||0
0| ||7,912
80,942|88,854
-26,086| ||23,832
32,492|| |||56,324
82,410| ||**31,744**
**113,434**|**145,178**
**56,324**| ## **Section B Balance sheet** |Guidan
ce
Note
**Fixed assets**
B01
B02
B03
B04
**_Total fixed assets_**
B05
**Current assets**
B06
B07
B08
B09
**_Total current assets_**
B10
B11
**_Total current liabilities_**
**_Net current assets/(liabilities)_**
B12
B13
B14
**Provisions for liabilities**
B15
**_Total net assets or liabilities_**
B16
**Funds of the Charity**
B17
**Restricted income funds (Note 27)**
B18
**Unrestricted funds**
B19
**Revaluation reserve**
B20
**Fair value reserve**
B21
**_Total funds_**
B22
**_Endowment funds (Note 27)_**
**Stocks (Note 18)**
**Debtors (Note 19)**
**Investments (Note 17.4)**
**Cash at bank and in hand (Note 24)**
**Creditors: amounts falling due within one year**
**_Total assets less current liabilities_**
**Intangible assets (Note 15)**
**Tangible assets (Note 14)**
**Heritage assets (Note 16)**
**Investments (Note 17)**
**_Creditors:_ amounts falling due after one year**|**Unrestricted**
**funds**
**Restricted**
**income funds**
**Endowment**
**funds**
**£**
**£**
**£**
F01
F02
F03|**Total this**
**year**
**Total last**
**year**
**£**
**£**
F04
F05| |---|---|---| |||| |||| ||2,293
0
30,294
114,761|2,293
1,343
145,055
59,418| ||32,587
114,761|147,348
60,761| |||2,170
4,437| ||843
1,327|| |||| ||843
1,327|2,170
4,437| |||| ||31,744
113,434|145,178
56,324| |||| ||31,744
113,434|145,178
56,324| |||| |||| |||| ||31,744
113,434
0|145,178
56,324| ||113,434
31,744|0
0| |||113,434
0
31,744
23,832| |||| ||31,744
113,434
0|145,178
23,832| ON Accounts 2021 - Final (signed on original) 3 of 11 13 July 22 _**The company was entitled to exemption from audit under s477 of the Companies Act 2006 relating to small companies.**_ _**The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act**_ _**The directors acknowledge their responsibilities for complying with the requirements of the Companies Act with respect**_ _**These accounts have been prepared in accordance with the provisions applicable to small companies subject to the**_ |Signature of director authenticating accou
Signed by one or two trustees/directors o|**_[signed on original]_**
**_13th June 2022_**
**_[signed on original]_**
**David Miller**
**_13th June 2022_**
nts being sent to Companies House
Signature
Date
dd/mm/yyyy
n behalf of all the trustees/directors
Print Name
Date of approval
dd/mm/yyyy
**_[signed on original]_**
**Revd Dr Darrell Hannah**
**_13th June 2022_**| |---|---| ## **Section C Notes to the accounts** ## Note 1 **Basis of preparation** _**This section should be completed by all charities** ._ ## **1.1 Basis of accounting** These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The accounts have been prepared in accordance with: the Statement of Recommended Practice: Accounting and Reporting by Charities • and with*  preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014. • and with*  the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) • and with the Charities Act 2011. The charity constitutes a public benefit entity as defined by FRS 102.*  * -Tick as appropriate ## **1.2 Going concern** _**If there are material uncertainties related to events or conditions that cast significant doubt on the charity's ability to continue as a going concern, please provide the following details or state "Not applicable", if appropriate:**_ |**_If there are material uncertainties related to events or conditions that cast significant doubt on the charity's_**
**_ability to continue as a going concern, please provide the following details or state "Not applicable", if_**
**_appropriate:_**|**_If there are material uncertainties related to events or conditions that cast significant doubt on the charity's_**
**_ability to continue as a going concern, please provide the following details or state "Not applicable", if_**
**_appropriate:_**|**_If there are material uncertainties related to events or conditions that cast significant doubt on the charity's_**
**_ability to continue as a going concern, please provide the following details or state "Not applicable", if_**
**_appropriate:_**| |---|---|---| |Yes*

No*

Yes*

No*

Yes*

No*

**1.5 Material prior year errors**
No material prior year error have been identified in the reporting period (3.47 FRS102 SORP).
* -Tick as appropriate
No changes to accounting estimates have occurred in the reporting period (3.46 FRS102 SORP).
* -Tick as appropriate
* -Tick as appropriate
**1.4 Changes to accounting estimates**
Disclosure of any uncertainties that make the going concern assumption doubtful;
See Note 26
Where accounts are not prepared on a going concern basis, please disclose this fact
together with the basis on which the trustees prepared the accounts and the reason
why the charity is not regarded as a going concern.
**1.3 Change of accounting policy**
The accounts present a true and fair view and no changes have been made to the accounting policies adopted in
note { }.
An explanation as to those factors that support the conclusion that the charity is a
going concern;||| ||
|* -Tick as appropriate| |||reporting period (3.46 FRS102 SORP).| ||
|* -Tick as appropriate| ||identified in the reporting period (3.47 FRS102 SORP).|| ||
|* -Tick as appropriate| ## **Section C Notes to the accounts (cont)** **Note 2 Accounting policies** _**Accounting Policies have not changed since last year, and are shown in detail in the Accounts for 2018**_ ON Accounts 2021 - Final (signed on original) 4 of 11 13 July 22 **Section C Notes to the accounts (cont)** ## **Note 3 Analysis of Income** |**Charitable activities:**
**TOTAL INCOME CURRENT YEAR**
**Income from investments:**
**Donations and legacies:**|**Un-restricted**
**funds**
**Restricted**
**income funds**
**Endowment**
**funds**
**Total funds**
**£**
**ANALYSIS FOR CURRENT FINANCIAL YEAR**
**Analysis of**
**income**|**Un-restricted**
**funds**
**Restricted**
**income funds**
**Endowment**
**funds**
**Total funds**
**£**
**ANALYSIS FOR CURRENT FINANCIAL YEAR**
**Analysis of**
**income**| |---|---|---| ||General grants provided by government/other
Membership subscriptions and sponsorships
Donated goods, facilities and services
Other
Donations and gifts received directly
Gift Aid
Net Donations recived via CAF/Stewardship
Legacies|14,750
10
14,760
1,593
0
1,593
4,908
0
4,908
0
150,814
150,814
19
19| ||**Total**
**Total**
Primary Purpose Trading|21,271
150,824
172,094| |||1,476
1,476| |||1,476
1,476| |||| ||Interest income|20
20| ||**Total**|20
0
20| |||| |||**22,767**
**150,824**
**173,591**| |**Un-restricted**
**funds**
**Restricted**
**income funds**
**Endowment**
**funds**
**Total funds**
**£**
10,334
276
10,610
1,343
1,343
5,278
5,278
0
62,745
62,745
21
21
**Total**
16,977
63,021
79,997
2,352
2,352
**Total**
**261**
**261**
0
0
0
0
**Total**
261
261
**19,589**
**63,021**
**82,610**
**Other information:**
Grant
5,000
Grant
20,000
Grant
29,985
Grant
7,760
Donatio
ns
276
**Where any endowment fund is converted into income in the**
**reporting period, please give the reason for the conversion.**
Not applicable
**Within the income items above the following items are**
**material: (please disclose the nature, amount and any prior**
**year amounts)**
Not applicable
**Where sums originally denominated in foreign currency**
**have been included in income, explain the basis on which**
**those sums have been translated into sterling (or the**
**currency in which the accounts are drawn up).**
Not applicable
**TOTAL INCOME PREVIOUS YEAR**
**All income in the prior year was unrestricted except for:**
**(please provide description and amounts)**
Bright Now (Society of the Sacred Heart)
Bright Now (Sisters of the Holy Cross)
Bright Now (Fransciscan Sisters of Mary)
Bright Now (Jesuit Fund for Social Justice)
Bright Now (supporter donations)
**Income from investments:**
Interest income
General grants provided by government/other
Other
**Charitable activities:**
Primary Purpose Trading
**Note 3 Income**
**ANALYSIS FOR PREVIOUS FINANCIAL YEAR**
**Analysis of**
**income**
**Donations and legacies:**
Donations and gifts received directly
Gift Aid
Net Donations recived via CAF/Stewardship
Legacies|**Un-restricted**
**funds**
**Restricted**
**income funds**
**Endowment**
**funds**
**Total funds**
**£**
**ANALYSIS FOR PREVIOUS FINANCIAL YEAR**
**Analysis of**
**income**|**Un-restricted**
**funds**
**Restricted**
**income funds**
**Endowment**
**funds**
**Total funds**
**£**
**ANALYSIS FOR PREVIOUS FINANCIAL YEAR**
**Analysis of**
**income**|**Un-restricted**
**funds**
**Restricted**
**income funds**
**Endowment**
**funds**
**Total funds**
**£**
**ANALYSIS FOR PREVIOUS FINANCIAL YEAR**
**Analysis of**
**income**| |---|---|---|---| ||General grants provided by government/other
Other
Donations and gifts received directly
Gift Aid
Net Donations recived via CAF/Stewardship
Legacies||10,334
276
10,610
1,343
1,343
5,278
5,278
0
62,745
62,745
21
21| ||**Total**
**Total**
Primary Purpose Trading||16,977
63,021
79,997| ||||2,352
2,352| ||||| ||||**261**
**261**| ||Interest income||0
0
0
0| |||261
261
**19,589**
**63,021**
**82,610**
Grant
5,000
Grant
20,000
Grant
29,985
Grant
7,760
Donatio
ns
276

Not applicable

Not applicable
Not applicable
Bright Now (Society of the Sacred Heart)
Bright Now (Sisters of the Holy Cross)
Bright Now (Fransciscan Sisters of Mary)
Bright Now (Jesuit Fund for Social Justice)
Bright Now (supporter donations)|261
261| ||||| ||||**19,589**
**63,021**
**82,610**| |**Within the income items above the following items are**
**material: (please disclose the nature, amount and any prior**
**year amounts)**|||| ||||| |**Where sums originally denominated in foreign currency**
**have been included in income, explain the basis on which**
**those sums have been translated into sterling (or the**
**currency in which the accounts are drawn up).**|||| |**A proportion of the donations received by Operation Noa**
**all Gift Aid claims on these gifts and pass on the donatio**
**manage their giving to multiple charities can choose to r**
**opt to pay the Admin Fees. Operation Noah's accounts r**
**and admin fee) is not always evident, for the reasons sh**||**h is received from fundraising platforms such as CAF and Stewardship, which manage**
**ns received, plus Gift Aid received, less an Admin Fee. Donors using these platforms to**
**etain the gift aid claimed in their account, for distribution as they choose. They can also**
**ecord the amount actually recieved by Operation Noah, as the breakdown (gift, gift aid,**
**own above.**|| **Section C Notes to the accounts (cont)** **Note 4 Analysis of receipts of government grants** Not applicable ON Accounts 2021 - Final (signed on original) 5 of 11 13 July 22 **Section C Notes to the accounts (cont)** ## **Note 5 Donated goods, facilities and services** Not applicable |**Section C**|**Notes to the accounts (cont)**|**Notes to the accounts (cont)**|**Notes to the accounts (cont)**| |---|---|---|---| |**Un-restricted**
**funds**
**Restricted**
**income funds**
**Endowment**
**funds**
**Total funds**
**£**
**£**
354
83
437
0
3,001
3,001
199
24
223
553
3,108
3,661
1,750
49,030
50,780
1,234
1,234
6,729
1,824
8,553
3,400
3,400
165
165
25
345
370
8,504
55,997
0
64,501
0
0
0
0
1,177
1,177
4,621
10,777
15,397
5,798
10,777
0
16,574
14,855
69,882
84,737
**Un-restricted**
**funds**
**Restricted**
**income funds**
**Endowment**
**funds**
**Total funds**
**£**
215
74
289
1,711
1,711
80
22
102
294
1,807
2,102
1,750
53,870
55,620
0
1,476
1,476
4,082
1,404
5,485
24,103
24,103
25
25
638
1,627
2,265
6,470
82,505
0
88,975
0
0
0
0
0
0
0
0
0
0
0
4,248
0
4,248
6,987
6,385
0
13,371
11,235
6,385
0
17,619
17,999
90,697
0
108,696
**TOTAL EXPENDITURE PREVIOUS FINANCIAL YEAR**
**Other Costs**
Governance costs
Other Support costs
**Total other expenditure**
**Total expenditure charitable activities**
**Separate material item of expense**
**Total Material items**
**Expenditure on charitable activities** Salaries & Employment costs
Pension
Contractor- Communications
Events and Campaigns
Production of Resources
Other expenditure
Contractor- Campaigns
**Total expenditure on raising funds**
**Expenditure on raising funds:**
Incurred seeking donations
Incurred seeking grants
Advertising, marketing, direct mail and publicity
**Total other expenditure**
**TOTAL EXPENDITURE CURRENT FINANCIAL YEAR**
**Note 6 Expenditure - Previous Year**
**ANALYSIS FOR PREVIOUS FINANCIAL YEAR**
**Analysis of expenditure**
**Total Material items**
**Other Costs**
Governance costs
Other Support costs
Production of Resources
**Total expenditure charitable activities**
**Separate material item of expense**
**Total expenditure on raising funds**
**Expenditure on charitable activities** Salaries & Employment costs
Pension
Contractor- Communications
Contractor- Campaigns
Events and Campaigns
Advertising, marketing, direct mail and publicity
Start up costs incurred in generating new
**Note 6 Analysis of Expenditure**
**ANALYSIS FOR CURRENT FINANCIAL YEAR**
**Analysis of expenditure**
**Expenditure on raising funds:**
Incurred seeking donations
Incurred seeking legacies
Incurred seeking grants|||| ||||| |**Section C Notes to the accounts**||**(cont)**|| |**Extraordinary item 1**
**Total extraordinary items**
**Description**
**Note 7 Extraordinary items**
**_Please explain the nature of each extraordinary item occurring in the period._**||N/A|**This year**
**Last year**
**£**
**£**
0
0
0
0| ON Accounts 2021 - Final (signed on original) 6 of 11 13 July 22 **Section C Notes to the accounts (cont)** ## **Note 8 Funds received as agent** Not applicable ## **Section C Notes to the accounts (cont)** ## **Note 9 Support Costs** |**_Please complete this note if the charity_**|**_Please complete this note if the charity_**|**_has analysed its_**|**_has analysed its_**|**_expenses using activity categories and has support costs._**|**_expenses using activity categories and has support costs._**|**_expenses using activity categories and has support costs._**| |---|---|---|---|---|---|---| |**Support cost (examples)**||**Current year**||**Previous year**||| |Governance costs||||||| |Companies House fees||13|||13|| |Venue hire||504|||156|| |Admin costs (trustee support)||660|||1,565|| |Legal costs|||||2,514|| |**Total Governance costs**||**1,177**|||**4,248**|| |Other Support Costs||||||| |Contractor - Admin||3,270|||2,640|| |Contractor- Finance||788|||825|| |Rent||7,680|||4,939|| |Insurance||390|||379|| |Marketing costs||893|||2,007|| |Recruitment costs||550||||| |Training costs||559|||165|| |Office and admin costs||933|||2,021|| |Travel and subsistence||242|||343|| |Other expenditure||93|||52|| |Other Support costs||**15,397**|||**13,371**|| |**Total Support costs**||**16,574**|||**17,619**|| Operation Noah has opted not to allocate its Governance and Other Support _**Please provide details of the accounting policy adopted for the**_ Costs across its primary expense streams, as the total is not material, and the _**apportionment of costs between activities and any estimation**_ effort would be disproportionate to the benefits of greater understanding that _**techniques used to calculate their apportionment.**_ might be achieved. Governance and Other Support Costs are broken down within this note ## **Section C Notes to the accounts (cont)** ## **Note 10 Details of certain types of expenditure** |**Total Specific Costs**
**Independent examiner’s fees**
**Other fees (for example: financial advice, consultancy, accountancy services) paid to the**
**Note 10.1 Fees for examination of the accounts**
**_Please provide details of the amount paid for any statutory external scrutiny of accounts and_**|**This year**
**Last year**
**£**
**£**
0
0
0
0| |---|---| ## **Section C Notes to the accounts (cont)** ## **Note 11 Paid employees** _**Please complete this note if the charity has any employees (transactions with Trustees dealt with in Note 28)**_ ## **11.1 Staff Costs** |**11.1 Staff Costs**|| |---|---| |**Salaries and wages**
**Social security costs**
**Pension costs (defined contribution pension plan)**
**Other employee benefits**
**Total staff costs**|**This year**
**Last year**
**£**
**£**
53,549
55,645
231
1,686
1,234
1,476| ||55,014
58,807
| NB Social security costs shown above include Employers NI, but exclude Employees NI |**Please provide details of expenditure on staff working for the**
**charity whose contracts are with and are paid by a related party**|NONE| |---|---| ||| |**No employees received employee benefits (excluding employer**
**pension costs) for the reporting period of more than £60,000**|TRUE| ||| |**Please provide the total amount paid to key management personnel**|| |**(includes trustees and senior management) for their services to the**
**charity. For specific amounts paid to trustees, see Note 28.**|35,260| ON Accounts 2021 - Final (signed on original) 7 of 11 13 July 22 **----- Start of picture text -----**
This year Last year
11.2 Average head count in the year Number Number
The parts of the charity in which the employees work Fund-
0.1 0.1
raising
Charitable
1.5 1.6
Activities
Govern-
ance
Other
Total 1.6 1.7
Section C Notes to the accounts (cont)
Note 12 Defined contribution pension scheme or defined benefit scheme
12.1 Please complete this note if a defined contribution pension scheme is operated.
Amount of contributions recognised in the SOFA as
1,234
an expense
Please explain the basis for allocating the liability and
expense of defined contribution pension scheme All Restricted Fund expenditure, because
between activities and between restricted and post is funded by grants
unrestricted funds.
Section C Notes to the accounts (cont)
Note 13 Grantmaking
Please complete this note if the charity made any grants or donations which in aggregate
form a material part of the charitable activities undertaken.
NOT APPLICABLE
Section C Notes to the accounts (cont)
Note 14 Tangible fixed assets
NOT APPLICABLE
Section C Notes to the accounts (cont)
Note 15 Intangible assets
NOT APPLICABLE
Section C Notes to the accounts (cont)
Note 16 Heritage assets
NOT APPLICABLE
Section C Notes to the accounts (cont)
Note 17 Investment assets
NOT APPLICABLE
Section C Notes to the accounts (cont)
Note 18 Stocks
NOT APPLICABLE
Section C Notes to the accounts (cont)
Note 19 Debtors and prepayments
Please complete this note if the charity has any debtors or prepayments.
19.1 Analysis of debtors
This year Last year
£ £
Trade debtors
Prepayments and accrued income 1,593 1,343
Other debtors 700 Cheque dated Nov 21 received Jan 2022
Total 2,293 1,343
**----- End of picture text -----**
The current year debtors figure relates to the gift aid claimed on 2021 donations ON Accounts 2021 - Final (signed on original) 8 of 11 13 July 22 **Section C Notes to the accounts (cont)** ## **Note 20 Creditors and accruals** _**Please complete this note if the charity has any creditors or accruals.**_ ## **20.1 Analysis of creditors** **----- Start of picture text -----**
Amounts falling due Amounts falling due after
This year Last year This year Last year
£ £ £ £
Trade creditors 2,170 4,437
Total 2,170 4,437
**----- End of picture text -----**
The current year creditors figure includes PAYE/NI relating to December payroll, expenses payments and invoices from contractors for work done in December. ## **20.2 Deferred income** NOT APPLICABLE NOT APPLICABLE NOT APPLICABLE NOT APPLICABLE **Section C Notes to the accounts (cont)** **Note 21 Provisions for liabilities and charges** NOT APPLICABLE **Section C Notes to the accounts (cont) Note 22 Other disclosures for debtors, creditors and other basic financial instruments** NOT APPLICABLE **Section C Notes to the accounts (cont) Note 23 Contingent liabilities and contingent assets** **Section C Notes to the accounts (cont)** **Note 24 Cash at bank and in hand** |**Other**
**Short term cash investments (less than 3 months maturity date)**
**Short term deposits**
**Cash at bank and on hand**
**Total**|**This year**
**Last year**
**£**
**£**
119,219
54,198
25,836
5,220
0| |---|---| ||145,055
59,418| **Section C Notes to the accounts (cont)** **Note 25 Fair value of assets and liabilities 25.1 Please provide details of the charity's exposure to credit risk (the risk** The charity's income comprises donations and grants plus a small amount of **of incurring a loss due to a debtor not paying what is owed) , liquidity risk** revenue from sales of booklets all paid before despatch, so there are no **(the risk of not being able to meet short term financial demands) and** debtors as such. **market risk (the risk that the value of an investment will fall due to changes in the market) arising from financial instruments to which the** The charity's assets are held in the form of cash, so there is no liquidity issue **charity is exposed at the end of the reporting period and explain how the** nor any exposure to investment value fluctuations. **charity manages those risks. 25.2 Please give details of the amount of change in the fair value of basic financial instruments (debtors, creditors, investments (see section 11,** NOT APPLICABLE **FRS102 SORP)) measured at fair value through the SoFA that is attributable to changes in credit risk.** **Section C Notes to the accounts (cont) Note 26 Events after the end of the reporting period** _**Please complete this note where events (not requiring adjustment to the accounts) have occurred after the end of the reporting period but before the accounts are authorised which relate to conditions that arose after the end of the reporting period.**_ **Please provide details of** None **the nature of the event** ON Accounts 2021 - Final (signed on original) 9 of 11 13 July 22 **Section C Notes to the accounts (cont)** ## **Note 27 Charity funds - CURRENT YEAR** ## **27.1 Details of material funds held and movements during the CURRENT reporting period** _**Please give details of the movements of material individual funds in the reporting period together with a balancing figure for 'Other funds' (which should include revaluation reserve and fair value reserve, if applicable). The 'Total funds' figure below should reconcile to 'Total funds' in the balance sheet.**_ _*** Key: PE - permanent endowment funds; EE - expendable endowment funds; R - restricted income funds, including special trusts, of the charity; and UR - unrestricted funds**_ **----- Start of picture text -----**
Fund Fund
Purpose balances balances
Type PE, EE R
or UR * and brought Gains and carried
Restrictions forward Income Expenditure Transfers losses forward
Fund names £ £ £ £ £ £
Core Funds UR 23,832 22,767 -14,855 31,744
Bright Now R 776 10 786
Bright Now (S. McKechnie) R 58 -58 -
Bright Now
R 0 5,000 -5,000 -
(Society of the Sacred Heart)
Bright Now
R 20,000 -20,000 -
(Sisters of the Holy Cross)
Bright Now
R 0 10,000 10,000
(Society of the Holy Child Jesus CIO)
Bright Now (Franciscan Sisters of
442 44,985 -34,082 11,345
Mary)
Bright Now (Jesuit Fund for Social
6,201 -6,201 -
Justice)
Bright Now (Porticus) 0 90,829 -550 90,279
Turning up the Heat R 5,016 -3,991 1,025
0 -
Other funds (balancing figure) N/a N/a 0 0 0 -
Total Funds as per balance sheet 56,324 173,591 -84,737 0 0 145,178
Yes* No*
Fund balances carried forward include assets and liabilities denominated in a foreign currency  
**----- End of picture text -----**
**Section C Notes to the accounts (cont)** ## **Note 27 Charity funds - PREVIOUS YEAR** ## **27.2 Details of material funds held and movements during the PREVIOUS reporting period** _**Please give details of the movements of material individual funds in the reporting period together with a balancing figure for 'Other funds' (which should include revaluation reserve and fair value reserve, if applicable). The 'Total funds' figure below should reconcile to 'Total funds' in the balance sheet.**_ _*** Key: PE - permanent endowment funds; EE - expendable endowment funds; R - restricted income funds, including special trusts, of the charity; and UR - unrestricted funds**_ |**_and UR - unrestricted funds_**||| |---|---|---| |Core Funds
UR
Bright Now
R
Bright Now (S. McKechnie)
R
Bright Now (Passionists)
R
Bright Now (Edith M Ellis)
R
Bright Now (Columbans)
R
Bright Now
(Society of the Sacred Heart)
R
Bright Now
(Sisters of the Holy Cross)
R
Bright Now
(Society of the Holy Child Jesus CIO)
R
Bright Now (Franciscan Sisters of
Mary)
Bright Now (Jesuit Fund for Social
Justice)
Bright Now (CALPE Trust)
R
Bright Now (Gibbs Trust)
Turning up the Heat
R
Turning up the Heat
(Joseph Rowntree Charitable Trust)
R
**_Other funds (balancing figure)_**
**N/a**
**N/a**
**Fund balances carried forward include assets and liabilities denominated i**
**Fund names**
**Type PE, EE R**
**or UR ***
**Purpose**
**and**
**Restrictions**
**Total Funds as per balance sheet**|**Fund**
**balances**
**brought**
**forward**
**Income**
**Expenditure**
**Transfers**
**Gains and**
**losses**
**Fund**
**balances**
**carried**
**forward**
**£**
**£**
**£**
**£**
**£**
**£**
22,241
19,589
-17,999
0
23,832
500
276
776
556
-498
58
9,441
-9,441
0
1,000
-1,000
0
2,000
-2,000
0
0
5,000
-5,000
0
0
20,000
0
20,000
15,000
-15,000
0
29,985
-29,543
442
7,760
-1,559
6,201
4,000
-4,000
0
2,000
-2,000
0
11,998
-6,982
5,016
13,673
-13,673
0
|| ||82,410
82,610
-108,696
0
0
56,324
|| ||**n a foreign currency**|Yes*
No*

| ON Accounts 2021 - Final (signed on original) 10 of 11 13 July 22 **Section C Notes to the accounts (cont)** **Note 27 Charity funds (cont)** NOT APPLICABLE ## **Section C Notes to the accounts (cont)** ## **Note 28 Transactions with trustees and related parties - CURRENT YEAR** _**If the charity has any transactions with related parties (other than the trustee expenses explained in guidance notes) details of such transactions should be provided in this note. If there are no transactions to report, please enter “True” in the box or "False" if there are transactions to report.**_ ## **28.1 Trustee remuneration and benefits - CURRENT YEAR** **None of the trustees have been paid any remuneration or received any other benefits from an employment with their** TRUE **charity or a related entity (True or False)** _**In the period the charity has paid trustees remuneration and benefits. Please give the amount of, and legal authority for, any remuneration or other benefits paid to a trustee by the charity or any institution or company connected with it.**_ ## **28.2 Trustees' expenses** _**If the charity has paid trustees expenses for fulfilling their duties, details of such transactions should be provided in this note. If there are no transactions to report, please enter “True” in the box below. If there are transactions to report, please enter "False".**_ |**Please provide the number of trustees reimbursed for expenses or**
**who had expenses paid by the charity**
**Travel**
**Subsistence**
**Accommodation**
**Other (please specify): Mobile phone costs**
**No trustee expenses have been incurred in CURRENT YEAR(True o**
**Type of expenses reimbursed**|**TOTAL**
0
0
**£**
**r False)**
FALSE
**Current year**| |---|---| ## **28.3 Transaction(s) with related parties** _**Please give details of any transaction undertaken by (or on behalf of) the charity in which a related party has a material interest, including where funds have been held as agent for related parties. If there are no such transactions, please enter 'true' in the box provided.**_ **There have been no related party transactions in the reporting period (True or False)** TRUE ## **Note 28 Transactions with trustees and related parties - PREVIOUS YEAR** _**If the charity has any transactions with related parties (other than the trustee expenses explained in guidance notes) details of such transactions should be provided in this note. If there are no transactions to report, please enter “True” in the box or "False" if there are transactions to report.**_ ## **28.1 Trustee remuneration and benefits - PREVIOUS YEAR** **None of the trustees have been paid any remuneration or received any other benefits from an employment with their** TRUE **charity or a related entity (True or False)** ## **28.2 Trustees' expenses** _**If the charity has paid trustees expenses for fulfilling their duties, details of such transactions should be provided in this note. If there are no transactions to report, please enter “True” in the box below. If there are transactions to report, please enter "False".**_ |**No trustee expenses have**|**been incurred in PREVIOUS YEAR(True or False)**||FALSE||| |---|---|---|---|---|---| ||||||| ||**Type of expenses reimbursed**||**Previous year**||| |||||**£**|| |**Travel**|||||87| |**Subsistence**|||||| |**Accommodation**|||||| |**Other (please specify):**|Mobile phone costs||||| |||**TOTAL**|||87| **Please provide the number of trustees reimbursed for expenses or who had expenses paid by the charity** ## **Section C Notes to the accounts (cont)** ## **Note 29 Additional Disclosures** **The following are significant matters which are not covered in other notes and need to be included to provide a proper understanding of the accounts. If there is insufficient room here, please add a separate sheet.** ON Accounts 2021 - Final (signed on original) 11 of 11 13 July 22 ## **Independent examiner's report on the accounts** **Report to the trustees / members of Operation Noah** **on the accounts for the year ended 31st December, 2021, set out on pages 3 to 11** ## **Respective responsibilities of trustees and examiner** The trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The charity's ## **It is my responsibility to:** - examine the accounts under section 145 of the Charities Act; * follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act; and * state whether particular matters have come to my attention. ## **Basis of independent examiner's statement** My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting ## **Independent examiner's statement** In connection with my examination, no material matters have come to my attention which gives me cause to believe that in, any material respect: * the accounting records have not been kept in accordance with section 386 of the Companies Act 2006; or * the accounts did not accord with the accounting records; or * where accounts are prepared on an accruals basis, whether they fail to comply with relevant accounting requirements under section 396 of the Companies * any matter which the examiner believes should be drawn to the attention of the reader to gain a proper understanding of the accounts. Signed: _**[signed on original]**_ Date: _**13th July 2022**_ Name: **Malcolm W. Rogers** Relevant professional qualification(s) or body (if any): **FBCS, FIC, Ceng, ACIE** Address: **24a Friars Walk Tring Hertfordshire HP23 4AY** ON Accounts 2021 - Final (signed on original) 2 of 11 13 July 22