2020-09-30-accounts

		Page
Report ofthe Trustees		1to2
Independent Examiner's	Report
Statement ofFinancial	Activities
Balance Sheet
Notes to the Financial Statements		6to 11

				2020	2019
				Unrestricted	Total funds
				funds
			Notes
INCOME AND ENDOWMENTS		FROM
Investment income				149,205	145,631
Total				149,205	145,631
EXPENDITURE ON
Charitable activities
Advancement ofChristian	religion			152,411	139,967
Total				152,411	139,967
Net gains/(losses) on investments				210,893	272,703
NET INCOME				207,687	278,367
RECONCILIATION OF FUNDS
Total funds brought forward				4,712,195	4,433,828
TOTAL FUNDS CARRIED	FORWARD			4,919,882	4,712,195

		2020	2019
		Unrestricted	Total funds
	Notes	funds f
FIXEDASSETS
Investments	10	4,861,688	4,650,795
CURRENT ASSETS
Cash at bank		59,410	62,616
CREDITORS
Amounts falling due within one year		(1,216)	(1,216)
NET CURRENT ASSETS		58,194	61,400
TOTAL ASSETSLESSCURRENT LIABILITIES		4,919,882	4,712,195
NET ASSETS		4,919,882	4,712,195
FUNDS	12
Unrestricted funds		4,919,882	4,712,195
TOTAL FUNDS		4,919,882	4,712,195

								2020	2019
									F
Dividend income								149,070	145,425
Deposit account interest								135	206
								149,205	145,631
CHARITABLE ACTIVITIES COSTS
							Grant funding
							ofactivities	Support costs	Totals
							(See note 5)
								F
Advancement ofChristian			religion				151,080	1,331	152,411
GRANTS PAYABLE
								2020	2019
For the advancement of	the Christian					Religion		151,080	138,573
Grants paid to institutions		during			the year were as follows:
Latin Link									2,805
International Fellowship	of		Evangelical			Students		5,892	5,760
Universities and Colleges		Christian Fellowship						28,432	18,496
The Ditch Foundation								8,004	8,004
European Christian Mission								3,132	3,060
SIM International (UK)								5,132	3,060
The George Muller Charitable				Trust				3,132	3,060
Union Foundation								15,912	16,301
Operation Mobilisation								2,460	2,040
Gideons international in	the British Isles							5,328	5,208
Grace Baptist Mission								1,572	1,536
Wycliffe Bible Translators		Limited						5,592	4,460
OMF International UK								6,264	7,120
Speak Life								2,000
UFM Worldwide								1,572	1,536
Pioneers UK Ministries								3,572	1,536
Sporting Marvels									1,200
France Mission Trust								2,460	2,400
Pontypridd Christian Concern								1,460	400
Grace Rural Wales Partnership					-Y GRWP			7,132	6,060
International Service Fellowship					Trust			2,460	2,400
Mission Aviation Fellowship								3,000	3,000
Haggai Institute									1,000
Bamabas (Manchester)									1,000
Caring for Life								1,000
Eurasia Education Foundation								1,000
The Diocese ofSt David's								10,000
Crosslinks - Time for Change				Ministries				5,000
Barnabas Fund								4,000
Redeemer Church Cardiff								7,500
Impact Giving (UK) Trust								1,572	131
Wales Leadership Forum								4,000	2,000
Redcliffe College									25,000
Grangetown Baptist Church								2,500	10,000
								151,080	138,573

							2020	2019
							F	F
Independent examination		fee					780	780
FINANCIAL INSTRUMENTS
							2020	2019
Financial	assets							F
Financial	assets that are debt		instruments	measured	at amortised	cost	59,410	62,616
Financial	assets measured	at	fair value				4,861,688	4,650,795
Financial	liabilities
Financial	liabilities measured		at amortised	cost			1,216	1,216

					Listed
					investments
MARKET VALUE
At 1 October 2019					4,650,795
Revaluations					210,893
At 30September 2020					4,861,688
NET BOOK VALUE
At 30September 2020					4,861,688
At 30September 2019					4,650,795
There were no investment	assets outside the UK.
Fixed asset investments	comprise:			2020	2019
					E
Listed investments -CCLA Charities		Ethical Investment	Fund	4,861,688	4,650,795
				4,861,688	4,650,795
				2020	2019
				F	F
Historical cost ofinvestments				3,591,517	3,591,517

2020	2019
	'Z
1,216	1,216

												Net movement
										At1/10/19		in funds	At 30/9/20
												F	F
Unrestricted			funds
General	fund									4,712,195		207,687	4,919,882
TOTAL	FUNDS									4,712,195		207,687	4,919,882
Net movement			in funds,	included			in	the above	are as follows:
									Incoming	Resources		Gains and	Movement in
									resources	expended		losses	funds
									E
Unrestricted			funds
General	fund								149,205	(152,411)		210,893	207,687
TOTAL	FUNDS								'149,205	L)52411)	,	210,893	207,687
Comparatives			for movement			in	funds
											Net movement
										At 1/10/18 f.		in funds f	At 30/9/1 9
Unrestricted			Funds
General	fund									4,433,828		278,367	4,712,195
TOTAL	FUNDS									4,433,828		278,367	4,712,195
Comparative		net movement			in	funds,		included	in the above are as follows:
									Incoming	Resources		Gains and	Movement in
									resources	expended		losses	funds
									F			F
Unrestricted			funds
General	fund								145,631	(139,967)		272,703	278,367
TOTAL	FUNDS								145,631	)139,967)		272,703	278,367