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||||||||||||||2020||2019|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||||Unrestricted|I|Designated|Res txlc ted||||
||||||||||funds,||Funds|funds|Total||Total|
||'Income:|||||||||||||||
|2||||||Donations|end legacies||725,615||24,202|434,679,|1,184.496,||1.262.354|
|3||||||Charitable|activities||0||pl|0.,|0'||0|
|||||||Other trading activities|||40,772,||pl|154|40,926||48,962|
|||||||Investments|||27i!|||43,583i|43,856!||1,218|
|||||||Total income|||766.658,||24 2041|478416,|1269278,||1 312534|
||Expenditure||on:|||||||||||||
|,6|||||i|Raising funds|||127,237|||0,|127,237'|i|166,641|
|l7||||||Charitable|activities||534,773|I|88,637|408,498,|1,031,908
1||1,128,589|
|||||||Total expenditure|||662 010'||88 637|408,498|1,159,1451||1,295,230|
|.'10|18)et income/(expenditure)||||||||104,648||(64,433)|69,918'|110,133l||17,304|
||Transfers
between
funds||||||||256,373||(517253)|260880'|01|||
||Surptus|on sale||ofProperty||||!|0,||0|1,552,957'|1,552,957|||
||Exchange Gain/(tates)||||||||(11,468)||0|0|(11,468)||(5,308)|
||Net movement|||in|funds||||||||||11,996,|
||Reconciliation|||of|funds:|||||||||||
||TOTAL|FUNDS|||brought|forward|||138,785||1,216,867|148,269|1,495,921|~7,483,923||
||TOTAL|FUNDS|||carried|forward|||488,338||635,181|2,024,024|3,147,543||1,495,921|
##
||||||||||2020|||2019|
|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||||Total|||Total|
|',Cash flows hom operating||activities:|||||||||||
|.Net cash pmvided
by|(used|in) operating||activities|||||598,886|||8,404|
|investing
acdv ities:|||||||||||||
|Purchase oftangible
assets||||||||||||(543,345)|
|Pmoeeda
from the sale ofproperty|||||||||1,800,262||||
|Financing
activities:|||||||||||||
|Stewardship
loan received|||||||||||||
|Loan (repayments)||||||||||||(15,165)|
|Increase/(decrease)
in|cash|and equivalents|||||||2 399 148|||(550,106)|
|Cash and equivalents|at the|beginning|ofyear||||||166,655|||722,069|
|Change due to exchange rate movements|||||||||(I 1,468)|||(5,308),|
|Cash and equivalents|at the|end ofyear||||||,|2,554,335|||166,655|
|Reconciliation ofnet|income to net cash flow from||||operating||activities:|I|||||
|Excess ofrevenues
over expenditures|||for|the year|||||||||
|Unrestricted|||||||||361,021|||(438,803)|
|Restricted (Deficit)|||||||||330,798|||86.017|
|Designated
(Deficit)||||||||'|581 686||,|370,090|
||||||||||II0,133|'|i|17.304|
|items not involving
cashi|||||||||||||
|j Depreciatiori
'|||||||||88,637|||91,181|
|, Unrealized
mvestment|gains/(losses)||||||||||||
|C~han
es in non-cash|net assets:||||||||||||
|Stock|||||||||||||
|j Debtors and prepayments|||||||||133u630;||j|(61,608)|
|Creditors
—short term|||||||||7,594|||(38,473)|
|Creditors - long tense|||||||||258,892||||
|Net cash provided by|(used|in) operating||activities|||||598,886|||8,404|
|Represented
by:|||||||||||||
|Cash at bank and in hand|||||||||2,554,335||~166655||
|The notes on pages 11to 21 form part|||ofthese financial|||statements|||||||
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|Freehold|property|2%straight|line||
|---|---|---|---|---|
|Computer|equipment|33 I/3% straight||line|
|Equipment||20%straight|line||
|Furniture|k renovations|10%straight|line||
##
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##
|||||Unrestricted||Designated|Restricted||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||funds||Funds|thuds||2020 Total||2019||
|||||||g|g||K||||
|2,|Income from donations|and legacies|||||||||||
|i|Donations|||725,6I5||24,202|434,679||1,184,496||Iu262354||
|l|Legacies||||0|0||0|0'||0||
|||||725 615!||24,202 I|434,679,||1,184496|i|1,262,354||
||The income from donations||and legacies isf1,184,496||(2019XI,262,354)ofwhich|||f725,615 was|||unrestricted||
||f773,463),f24,202 was designated|||(2019KO) and f434,679 was restricted (2019f488,891)|||||||||
||incoming Resources from||Charitable||||||||||
||Activities||||||||||||
||Trading - Sale ofTraining|resources||||pi||0!
0|||pl||
|4,|1neornc from other trading||activities||||||||||
|i|Trading -Primary
purpose||||60,||154||214||6,831||
||—other|||12,0711|||||12,071||6,586||
||Rental offacilities and guest||apartment|||0||0|27,397||33,264||
||Accounting
services|||1,244||0|||1,244||2,281||
|||||40,772||0|154||40,926|i|48 962||
##
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||||||||Unrestricted|Designated|Restricted|||
|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||funds|Funds|funds|2020 Total|2019|
||||||||||8|||
|6||Costs ofRaising|||Funds|||||||
||1|Cost ofproviding|||external|ITservices|0,|0'|0,|0|45,923|
||i|Promotional|expenses||||25,690|0|0,|25,690|47,67tj|
|||Communication||expenses|||101,547,|0|0&|101547|73,048|
|||||||||0|01|||
||||||||127,237|0|0|127,2371|166641|
|7||AnalVsia or|expenditure|||on charitable|activities|||||
||||||||Media|PALM|ITServices|||
||||||||Program|Program|Costs|||
||||||||Costs|Costs|||Total|
||I|Progrmn
costs|||||18790 1|30,3331|0||21Sc234|
|||Property
costs|||||109,988|588,|0||110,576|
|||Depreciation|||||88,637|0.|0||S8,637|
|||VK salaries|||||215,081|17,960'|81,430||314,471
'|
|||14on-UK salaries|||||138,8531|24.494|0||163,347|
||||||||740,460'|73,375|81,4301||895,2651|
|||Governance|costs||—see note 9||38,738|0|0||38,738|
|||Support costs|||||u,sso|Ij|61,025;||97,905|
||||||||816078|73,375'|142,455||1,031,908|
##
##
|||Media|PALM|1TServices|1TServices|||
|---|---|---|---|---|---|---|---|
|||Program|Program||Costs|||
|||Costs|Costs|||Total||
|Costs (note 7)||(816,078)|(73,375)||(142,455)|. (1,031.908)'||
|Donations
and le"acies
Sale ofITservices||953 142 j
0i|189911.
0'||41,443'
0|1,184496
0'||
|Rents I income||27,397||0i,|0'||27,397|
|Accounting|services|li244||0,|0,||1,244|
|Other sales||12,131I||154|0:||12,285|
|Investment|income|43,854'||0,|0||43,854|
|Net surplus||221 690|116,690||101012|237368||
##
|||||General|Governance|Tots|I|13ssks of|
|---|---|---|---|---|---|---|---|---|
|||||'Support||||I apportionment|
||Administration|and ITservices||97,9051|||97,905|j direct charges by department|
||Audit fees||||si519!||5,5 19.Governance||
||Legal fees||||32,162|j|32,162' Governance||
||Accountancy|services|||696|j|696|Governance|
||.Council meetings||||361||361|Governance|
|||||97,9051|38,738||136,643||
||Net income/expenditure||for the year||||||
|||||2020|2019||||
||This is stated|after charginui|||||||
||Loan interest|payable||7,354|301|I|||
||Foreign currency exchange difference|||11,468|5,308||||
||Auditor's
remuneration:||||||||
||-audit fees|||5,519|4,667||||
||-payroll services|||696|567||||
||- depreciation|oftangible|fixed assets|88,637|91,182||||
||- depreciation|ofassets held under hire|||||||
||purchase
agreements||||||||
##
##
||||20l9'|
|---|---|---|---|
|||f,||
|'UK non-admlnistcative|staff costs|348,722|353,700|
|'UK administrative
staff|costs|218,558|246,432|
|Social security costs (included above)||29,672|39,322|
|i employer's
contribution|to pension|||
|(included above||26,092|34,101|
##
|||Freehold|Bonding|Computer|||
|---|---|---|---|---|---|---|
|||property|ttenovadons|and Other|||
|||||Kqtdpment',|||
||||||Total||
|Cost|||||||
|At 1.1.20||730i286|749,429|55,581|1,535,296'||
|Addition||0|||0||
|Disposal||(305,286)|||(305,286)|i|
|At31.12.20||425.000i|749,429|55,581'|1330010||
|'Accumulated|depreciation||||||
|At 1.1.20||'1 13,912|152i669|49,051|315,632||
|Charge for the|year|12,062|74.943'|1,632|88,637||
|Disposal||(57,9813|||(57,981)||
|At 31.12.20||67,993|227,612|50,683|346,288||
|Net book value|||||||
|At31.12.20||357,007|521,817|4,898|883 722||
|At 1.1.20||616,374|596,760|6,530|1 219664||
##
##
|13Investments||||
|---|---|---|---|
|Shares in subsidiary|undertaking|||
|||2020|2019|
|Cost:||I||
|Addition||0||
|At 31 December 2019||||
|NET BOOK VALUE||||
|At 31December 2020||||
|14'Debtors and Prepayments|||||
|---|---|---|---|---|
||2020||2019||
||||8||
|National
Base~ofPioneers|45,0S6I||161,779||
|Advances||4371|6,434|I|
|Prep ay ments|3|659,|12,880',||
|Other Debtors||SKI|I 120.
'||
||48,583||182213||
|||2020|2019|
|---|---|---|---|
|Accruals||8,084|37284'|
|Other tax|and social security|36,793|24,594'|
|Sundry Creditors||9,476|7,936|
|Loans on|buildings|0|2„798|
|Stewardship
loan (10year)||25,853|0|
|Creditors|falling due within one year|80,206|72 612|
##
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##
##
||||||||I
Resources|I
Resources|Expenditure'|Transfers
between
funds||Gains/
(Losses)|Gains/
(Losses)|At
31,1220|At
31,1220|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||Property
Fund|||||1,210,336'||0|(87004)|(529253)|||0||594,079,
'|
||Building Maintenance|||||0,||24,204|0|12,000|||0||36,204,|
||Computer
and Other Equipment|||||6531I||0|1633|0|||0||4,898|
|||||||1,216,867,||24,204|I
88,637|517,253)|||0||635 181'|
||The Property Fund|represents||the net|book|value ofthe company's
designated
fixed assets less associated loans.||||||||This fund||
||was designated
so|that|the remaining||Unrestricted
Funds||will|give aclearer view ofthe level ofoperational|||||funds.||The|
||Building Maintenance||fund receives||regular|sums transferred||I'rom unrestricted
funds||and is designated
by the board of||||||
||trustees for major maintenance|||work|on Pilgrim House. The|||Computer
and Other Equipment
fund||||represents|the|net book||
||val~e ofequipment|purchased||in association||with the 20|l9 renovation
ofthe 1st floor|||ofPilgrim|House.|||||
||A property
in France was sold|||during|2020|with aNet Book||Value of$247,305 and is||shown as a||transfer out of||the||
||proport3
fund.|||||||||||||||
|20|Restricted Funds|||||||||||||||
||||||||Incoming
Resources||Expenditure|Transfers
between
F
d||Gains/
ssas||t
1.12.20||
||||||||||E|||||||
||PALM|||||122,886||159,159|(7~3,374
'|3,299.|||Oi||211,970,|
||Staff support
funds|||||1,110||244,770|(236,7~19',|lox276'|||0||19,437|
||'ERB sale lund|||||0||43,582|(55,227)|247,305|i|1,552x957||1,788,617||
||Arabian
Dawn Project|||||1,454||0:
1,1,454)|||||0||0|
||Syria Appeal|||||10,929||449|$7,378)||||0||4,000|
||Al Massira project|||||3,890||(3,890)|0,||||0||0|
||Nationals
in Ministry|||||0||34 346'
34346|||||0,||0|
|||||||140,269||478 416|408498|260,880||1,552,957||2,024,024||
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