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|Company
8 Legal Information||
|---|---|
|Report ofthe Trustees|4-8|
|Report ofthe Independent
Auditors|9-12|
|Statement
of Financial
Activities|13|
|Balance Sheet|14|
|Cash Flow Statement|15|
|Notes to the Cash Flow Statement|16|
|Notes to the Financial Statements|17-24|
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|||||Unrestricted|Restricted|||
|---|---|---|---|---|---|---|---|
|||||funds|Funds|Total|Total last year|
||||Notes|6|E|6|6|
|Income||||||||
|Income and endowments||from:||||||
|Donations
and legacies||||946,972|395,925|1,342,897|960,726|
|Charitab/e
activities||||14,114||14,114|8,416|
|Other trading
activities||||||||
|Investments||||42||42||
|Totai||||961,128|395,925|1,357,053|969,146|
|Expenditure
(Note 6)||||||||
|Expenditure
on:||||||||
|Raising funds||||||||
|Charitable
activities|||6|698,895|372,333|1,071,228|927,526|
|Other||||||||
|Total||||698,895|372,333|1,071,228|927,526|
|Net income/(expenditure)||||262,233|23,592|285,825|41,620|
|Other recognised|gains/(losses):|||||||
|Currency
gains/(losses)||||(2,414)|(1,023)|(3,437)|0|
|Prior year adjustment||||4,602||4,602||
|Net movementin|funds|||264,421|22,569|286,990|41,620|
|Reconci/i
ation
offunds:||||||||
|Total funds brought
forward||||||||
|Total funds carried forward||||554,370|22,569|576,939|289,949|
||Balance|sheet 31|December|2021||
|---|---|---|---|---|---|
|||Unrestricted|Restricted|||
|||funds|funds|Total this year|Total last year|
||Notes|f|f|5|5|
|FIXEDASSETS||||||
|Tangible assets|12|47,247|0|47,247|56,146|
|CURRENT ASSETS||||||
|Debtors|13|218,061|0|218,061|157,515|
|Investments||0|0|0||
|Cash at bank||299,829|22,569|322,398|409,722|
|||517,890|22,569|540,459|567,237|
|CREDITORS||||||
|Amounts
falling due within one year|14|10,767|0|10,767|333,434|
|NET CURRENT ASSETS||507,123|22,569|529,692|233,803|
|TOTAL ASSETS LESS CURRENT||||||
|LIABILITIES||554,370|22,569|576,939|289,949|
|CREDITORS||||||
|Amounts
falling due after one year||||||
|NETASSETS||554,370|22,569|576,939|289,949|
|FUNDS|15|||||
|Restricted funds|||22,569|22,568|0|
|Unrestricted
funds||554,370||554,370|289,949|
|TOTALFUNDS||554,370|22,569|576,939|289,949|
|Cash Flow Statement|||||||||
|---|---|---|---|---|---|---|---|---|
|for the Year Ended 31 De|m|r 2|1||||||
|||||||Notes|31.12.21|31.12.20|
|Cash flows from operating|activities||||||||
|Cash generated
from operations||||||1|(83,931)|3,487|
|Net cash provided
by operating||activities|||||(83,931)|3,487|
|Cash flows from investing|activities||||||||
|Puchase oftangible
fixed assets|||||||(3,398)|(74,862)|
|Interest received|||||||5|4|
|Net cash used
in investment|activities||||||(3,393)|(74,858)|
|Change
in cash and cash|equivalents|||in the|reporting||||
|period|||||||(87,324)|(71,371)|
|Cash and cash equivalents|at|the beginning|||ofthe||||
|reporting
period|||||||409,722|481,092|
|Cash and cash equivalents|at|the end||ofthe|reporting||||
|period|||||||322,398|409,722|
|1|RECONCILIATION
OF NET (EXPENDITURE)/INCOME|RECONCILIATION
OF NET (EXPENDITURE)/INCOME|RECONCILIATION
OF NET (EXPENDITURE)/INCOME|RECONCILIATION
OF NET (EXPENDITURE)/INCOME|RECONCILIATION
OF NET (EXPENDITURE)/INCOME|TO NET|TO NET||
|---|---|---|---|---|---|---|---|---|
||CASH FLOW FROM|OPERATING ACTIVITIES|||||31.12.21|31.12.20|
||||||||f|f|
||Net (expenditure)/income||for the reporting||period||||
||(as per the Statement|ofFinancial Activities)|||||286,990|41,620|
||Adjustments
for:||||||||
||Depreciation
charges||||||16,899|18,716|
||Interest received||||||(5)|(4)|
||Adjustments
for:||||||||
||(Increase)/decrease|in debtors|||||(60,546)|(141,912)|
||Increase/ (decrease
in creditors)||||||(322,667)|85,068|
||Prior year adjustment||||||(4,602)||
||Net cash provided
by|operating||activities|||~83931|3,487|
|2|ANALYSIS OF CHANGES||IN NET FUNDS||||||
||||||1.1.21||Cash flow|31.12.21|
|||||||f|f|f|
||Net cash||||||||
||Cash at bank||||409,722||(87,324)|322,398|
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||||Unrestricted|Unrestricted|Restricted|Total Funds|Total Funds|Total|Funds|Funds|
|---|---|---|---|---|---|---|---|---|---|---|
||||Funds||Funds|2021||2020|||
||GIRs, Grants 8 Donations|||946,972
7|395,925
395,925|1,342,897
~1, 42,997|||960,726
960,726||
|4|CHARITABLE ACTIVITIES||||||||||
||Student
Contributions|||14,114|||14,114|||6,346|
||Project 100|||||||||2,070|
|||||14,114|||14,114|||8,416|
|5|INVESTMENT INCOME||||||||||
||Interest received|||5|||5||||
||Investment
performance|||37|||37||||
|||||42|||42||||
||CHARITABLE ACTIVITES||Unrestricted||Restricted|Total|Costs||||
|6|COSTS|Notes|Funds|f|Funds
E|2021|E|Total Costs
E||2020|
||Administrative
Costs|||7,352|2,219||9,571||47,786||
||Bank Charges|||4,032|1,150||5,182.69|||4,081|
||Conference
&Travel Costs|||6,075|21,174||27,249|||16,555|
||Consumables
(P,P &S)|||620|217||837|||3,966|
||Depreciation|||16,899|||16,899|||18,716|
||Grants to Institutions|||||||||3,700|
||Equipment
Costs||||||||24,270||
||Fees & Retainers|||201,672|102,938||304,610||213,008||
||Fundraising
Costs|||||||||5,204|
||General Expenses|||516|177||693|||9,081|
||Insurance|||575|253||828||||
||IT &Software|||35,393|5,904||41,297||||
||Mentoring
Costs|||8,392|23,754||32,146||17,565||
||Publications|||30,472|64,373||94,844||40,190||
||Rent 8 Service Charges|||31,848|12,369||44,217||44,720||
||Staff Costs|||343,664|134,210||477,874||469,843||
||Staff Training|||4,118|1,391||5,509||||
||Transport
Costs|||||||||1,250|
||Travel & Hospitality|||||||||3,698|
||Governance
Costs|||7,267|2,204||9,471|||3,894|
|CHARITABLE|ACTIVITIES COSTS|ACTIVITIES COSTS||Direct Costs|Support Costs|Support Costs|Totals||
|---|---|---|---|---|---|---|---|---|
||||||(note|8)|||
|||||6||6||f|
|Course Development||||218,359||6,850||225,209|
|Formation
Conferences||||85,546||19,142||104,688|
|Mentoring||||121,050||17,068||138,118|
|On-line Programme||||361,032||28,694||389,726|
|Wider Training|(including|Counselling)||188,090||23,385||211,475|
|Total cost of Charitable||Activities||974,078|95,137.64|||1,071,228|
|Support Costs|||||||||
||||Management|Finance|Governance||||
||||Costs|Costs|Costs||Total||
||||f|f||f.||f|
|Charitable
Activities|||82,496|5,183||9,471||97,150|
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|Net inco|me (expenditure)
is stated after charging||||
|---|---|---|---|---|
|||31.12.2021|31|12.2020|
|||f|||
|Auditor's|remuneration|5,400||2,940|
|Depreciation||16,899||18716|
|||22,299||21,656|
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|STAFF|COSTS|||||
|---|---|---|---|---|---|
|||||31.12.2021|31.12.2020|
|Wages|and salaries|||421,969|419,913|
|Social security costs||||37,831|37,992|
|Pension|costs|||18,073|11,938|
|||||477,874|469,843|
|The average
monthly||number ofemployees|during the year was as follows:|||
|||||31.12.2021|31.12.2021|
|Average|number ofstaff|||14|14|
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||Tangible|Fi|xed A|ssets|||||||
|---|---|---|---|---|---|---|---|---|---|---|
|||||||||General|Restricted||
|||||||||||Total|
|||||||||Equipment|Equipment||
||Cost at||||||01-Jan-21|106,746||106,746|
||Additions|||||||8,000|||
||Disposal||||||||||
||Cost at||||||31-Dec-21|114,746|||
||Depreciation||||||01-Jan-21|50.600||50,600|
||Charge|||||||16,899||16,899|
||Disposal||||||||||
||Depreciation||at||||31-Dec-21|67,499||67,499|
||NET BOOK||VALUE||||||||
||At||||||31-Dec-21|47,247||47,247|
||At||||||31-Dec-20|||56,146|
|13|DEBTORS:||AMOUNTS FALLING DUE WITHIN ONE YEAR||||||||
||National|Christian||Foundahon||USA||||218,061|
|14|CREDITORS:AMOUNTS||||FALLING DUE WITHIN ONE YEAR||||||
||Creditors|||||||||3,350|
||Accruals|||||||||5,400|
||Pension|Liabilities||||||||2,017|
|||||||||||10,767|
||ACCRUALS||AND|DEFERRED INCOME|||||||
||Audit Fees|||||||||5,400|
##
||||||Net movement|||
|---|---|---|---|---|---|---|---|
|||||At 1.1.21|in funds|At 31 12.21||
|||||2|||2|
|Unrestricted
Funds||||||||
|General
Fund||||289,949|254,421||554,370|
|Restricted Funds||||||||
|Dupue Household||||||||
|MemonalDnve
Presbyterian|Church-Counselling|||||||
|OCEe.v. - Counselling||||||||
|Open Doors|||||22,569|||
|Chnst Presbyterian
Church||||||||
|Memorial
Drive Presbyterian|Church- Formation||Conferences|||||
|OCE e.v. - Formation
Conferences||||||||
|Asia Link -Mentoring||||||||
|Harry JLloyd Charitable
Trust||||||||
|Mentoring
-OCE||||||||
|Asia Link - Online Programme||||||||
|OCEe.v. Online Programme||||||||
|Memonal Dnve Presbyteiian|Church
-Publications|||||||
|Tyndale House Foundation||||||||
|Student Sponsorship||||||||
|||||289,949|22,569||554,370|
|Net movement
in funds, included||m the above are as follows:||||||
|||||Incoming|Resources|||
|||||Resources|Expended|Movement|in Funds|
||||||||2|
|Unrestricted
Funds||||||||
|General
Fund||||961,128|696,707||264,421|
|Restricted Funds||||||||
|Dupue Household||||1,849|1,849|||
|Memorial
Dnve Presbyterian|Church - Counsel lmg|||8,366|8,366|||
|OCEe.v. - Counselling||||25,358|25,358|||
|Open Doors||||54,171|31,602||22,589|
|Chnst Presbytenan
Church||||18,875|18,875|||
|Memorial
Drive Presbytenan|Church - Formahon||Conferences|22.002|22,002|||
|OCE e.v. - Formation Conferences||||22,024|22,024|||
|Asia Link
Mentoring||||12,500|12,500|||
|Harry J Lloyd Chantable
Trust||||72,822|72,822|||
|OCEe.v. - Mentoring||||15.935|15.935|||
|Asia Lmk - Online Programme||||12,500|12,500|||
|OCEev.Onhne Programme||||23,049|23,049|||
|Memorial
Drive Presbytenan|Church
Publications|||12,549|12,549|||
|Tyndale House Foundation||||9,469|9.469|||
|Student Sponsorship||||84,458|84,458|||
|||||395,925|373,356||22,569|