2023-12-31-accounts - Commission Apostolic Trust Ltd

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	`Page`
`Trusteesandtrustinformation`	`1`
`Reportofthetrustees`	`2-13`
`Independentauditors’report`	`14-17`
`Statementoffinancialactivities`	`18`
`Balancesheet`	`19- 20`
`Cashflowstatement`	`21`
`NotestotheAccounts`	`22-38`

`Trustees`	`MrG A Wood(Chairman)`
	`MrP Morton(resigned15June2023)`
	`MrS D Theunissen`
	`MrO A Bolorunduro`
	`MrM BJarvis`
	`MrsLMGreen`
	`MrST` `Sloan`
	`MrJ A Flewitt(appointed1 December2023)`
`IndependentAuditors`	`SafferyLLP`
	`MidlandHouse`
	`2PooleRoad`
	`Bournemouth`
	`Dorset`
	`BH25QY`
`Solicitors`	`LesterAldridge`
	`RussellHouse`
	`OxfordRoad`
	`Bournemouth`
	`Dorset`
	`BH88EX`
`Bankers`	`HSBCBankPlc`
	`59OldChristchurchRoad`
	`Bournemouth`
	`Dorset`
	`BH11EA`
`CompanyRegistrationNumber`	`08293624`
`CharityNumber`	`1150017`
`PrincipalOffice`	`138HoldenhurstRoad`
	`Bournemouth`
	`Dorset`
	`BH88AS`
`MembersoftheCompany`	`MrGA` `Miller`
	`MrS Petch(resignedAugust2023)`
	`MrT Blaber`
	`MrC Kilby`

1 July 2024

		`Unrestricted`		`Restricted`				`Unaudited`
		`funds`		`funds`		`Total`		`Total`
	`Notes`	`2023`		`2023`		`2023`		`2022`
		`£`		`£`		`£`		`£`
`Incomeandendowments`
`from:`
`Generatedfunds`
`Donationsandlegacies`	`2`	`914,410`		`5,287`		`919,697`		`601,093`
`Charitableactivities`	`3`	`390,197`		`-`		`390,197`		`106,523`
`Investments`		`21,420`				`21,420`		`5,826`
`Totalincomingresources`		`1,326,027`		`5,287`		`1,331,314`		`713,442`
`Expenditureon:`
`Charitableactivities`	`4`	`1,434,345`		`27,770`		`1,462,115`		`832,068`
`Totalresourcesexpended`		`1,434,345`		`27,770`		`1,462,115`		`832,068`
`Netexpenditure`		`(108,318)`		`(22,483)`		`(130,801)`		`(118,626)`
`Transfersbetweenfunds`			`-`		`-`		`-`		`-`
`Netmovementinfunds`		`(108,318)`		`(22,483)`		`(130,801)`		`(118,626)`
`Reconciliationoffunds:`
`Totalfundsbroughtforward`	`14`	`855,779`		`40,035`		`895,814`		`1,014,440`
`Totalfundscarriedforward`		`747,461`		`17,552`		`765,013`		`895,814`

				`Unaudited`
				`2022`
	`Notes`	`£`	`£`	`£`	`£`
`Fixedassets`
`Tangibleassets`	`10`		`6,499`		`9,333`
`Currentassets`
`Debtors`	`11`	`317,785`		`395,779`
`Cashatbankandinhand`		`740,375`		`832,706`
		`1,058,160`		`1,228,485`
`Creditors:Amountsfalling`
`duewithinoneyear`	`12`	`(299,646)`		`(342,004)`
`Netcurrentassets`			`758,514`		`886,481`
`Totalassetslesscurrent`
`liabilities`			`765,013`		`895,814`
`Funds`
`Unrestrictedfunds`
`Generalfunds`			`450,114`		`481,523`
`Designatedfunds`			`297,347`		`374,256`
	`14`		`747,461`		`855,779`
`Restrictedfunds`	`13`		`17,552`		`40,035`
`Totalfunds`	`15`		`765,013`		`895,814`

13 June 2024

	`Notes`		`2023`		`Unaudited`
		`£`		`£`	`2022`
					`£`
`Cashflowsfromoperatingactivities:` `Netcashprovidedbyoperatingactivities`	`16`		`(113,751)`		`(130,131)`
`Cashflowsfrominvestingactivities:`
`Dividends,interestandrentsfrom`		`21,420`		`5,826`
`investments`
`Netcashusedininvestingactivities`			`21,420`		`5,826`
`Changeincashandcashequivalentsinthe`			`(92,331)`		`(124,305)`
`reportingperiod`
`Cashandcashequivalentsatthebeginningof`			`832,706`		`957,011`
`thereportingperiod`
`Cashandcashequivalentsattheendofthe`	`17`		`740,375`		`832,706`
`reportingperiod`

	`Unrestricted`	`Restricted`	`Total`	`Unrestricted`	`Restricted`	`Total`
	`funds`	`funds`	`funds`	`funds`	`funds`	`funds`
			`2023`			`2022`
	`£`	`£`	`£`	`£`	`£`	`£`
`Donations`
`ote`	`733,910`	`3,787`	`737,697`	`429,331`	`4,155`	`433,486`
`Grants`	`180,500`	`1,500`	`182,000`	`141,000`	`26,607`	`167,607`
	`914,410`	`5,287`	`919,697`	`570,331`	`30,762`	`601,093`

	`2023`	`2022`
	`£`	`£`
`Donations`
`TogetheratConnectFestival`	`342,746`	`61,641`
`Trainingincome`	`47,066`	`45,033`
`Othereventsandactivities`	`385`	`(151)`
	`390,197`	`106,523`

`Currentyear`				`Other`
		`Staff`		`direct`	`Support`		`Total`
	`Grants`	`costs`		`costs`	`costs`		`2023`
	`£`	`£`		`£`	`£`		`£`
`Charitableactivities`
`Events`	`180,500`		`-`	`230,028`	`91,842`		`502,370`
`Training`	`-`	`18,904`		`191,690`	`76,536`		`287,130`
`ApostolicMinistry& Support`	`49,656`		`-`	`76,675`		`-`	`126,331`
`Local& Worldwidemission`	`43,711`	`96,443`		`268,366`	`137,764`		`546,284`
`Totalresourcesexpended`	`273,867`	`115,347`		`766,759`	`306,142`		`1,462,115`
`Supportstaffcosts`		`231,128`			`(231,128)`
		`346,475`			`75,014`

`Prioryear`				`Other`
		`Staff`		`direct`	`Support`		`Total`
	`Grants`	`costs`		`costs`	`costs`		`Unaudited`
							`2022`
	`£`	`£`		`£`	`£`		`£`
`Charitableactivities`
`Events`	`-`		`-`	`34,495`	`74,191`		`108,686`
`Training`	`-`	`27,239`		`36,327`	`61,826`		`125,392`
`ApostolicMinistry& Support`	`25,753`		`-`	`9,562`		`-`	`35,315`
`Local& Worldwidemission`	`293,217`	`117,930`		`40,242`	`111,286`		`562,675`
`Totalresourcesexpended`	`318,970`	`145,169`		`120,626`	`247,303`		`832,068`
`Supportstaffcosts`		`190,835`			`(190,834)`
		`336,004`			`56,469`

`Allocationofsupportcosts`
`Currentyear`	`Total`	`Fundraising&`	`Mission`	`Teaching&`
		`Events`	`activities`	`Training`
	`£`	`£`	`£`	`£`
`Propertycosts` `Travelcosts` `Staffcosts` `Officecosts`	`3,375` `14,839` `231,128` `52,648`	`1,012` `4,452` `69,338` `15,794`	`1,519` `6,677` `104,008` `23,692`	`844` `3,710` `57,782` `13,162`
`InformationTechnology` `Teaching& trainingcosts` `Financecosts` `Communications`	`2,592` `196` `406` `711`	`778` `59` `122` `213`	`1,166` `88` `183` `320`	`648` `49` `101` `178`
`Governancecosts` `-` `Legalfees`	`247`	`74`	`111`	`62`
	`306,142`	`91,842`	`137,764`	`76,936`
`Prioryear`	`Total`	`Fundraising&`	`Mission`	`Teaching&`
		`Events`	`activities`	`Training`
	`£`	`£`	`£`	`£`
`Propertycosts`	`4,649`	`1,395`	`2,092`	`1,162`
`Travelcosts` `Staffcosts` `Officecosts`	`20,232` `190,835` `26,256`	`6,070` `57,250` `7,877`	`9,104` `85,876` `11,815`	`5,058` `47,709` `6,564`
`InformationTechnology` `Teaching& trainingcosts`	`2,227` `604`	`668` `181`	`1,002` `272`	`557` `151`
`Financecosts`	`324`	`97`	`146`	`81`
`Communications`	`1,900`	`570`	`855`	`475`
`Governancecosts` `-` `Legalfees`	`276`	`83`	`124`	`69`
	`247,303`	`74,191`	`111,286`	`61,826`

`6` `Grantexpenditure`
`Thecharitymadethe`	`following`	`grantsduringthe`	`period:`
	`Local`	`Worldwide`	`2023`	`Local`	`Worldwide`		`Unaudited`
							`2022`
	`£`	`£`	`£`	`£`	`£`		`£`
`AFonteIgrejaEvangelica`	`-`	`5,000`	`5,000`	`-`	`4,964`		`4,964`
`AdamandNinaMajerus`	`-`	`3,250`	`3,250`	`-`	`5,750`		`5,750`
`AnthemChurchLeicester`	`-`		`-`	`10,000`		`-`	`10,000`
`ChristCentral`	`5,000`	`-`	`5,000`	`15,000`		`-`	`15,000`
`ChurchPlantingResources`	`-`	`-`	`-`	`-`	`8,619`		`8,619`
`India`
`CommissionEvent`	`90,000`	`-`	`90,000`	`-`		`-`		`-`
`Underwriting`
`CrisisRelief- Designated`	`-`	`17,363`	`17,363`	`-`		`-`		`-`
`DaveandKarenPriest`	`-`	`-`	`-`	`-`	`5,000`		`5,000`
`MiddleEastSupport`
`DelegatestoEvent`	`10,500`	`-`	`10,500`	`16,000`		`-`	`16,000`
`Ghana`		`5,928`	`5,928`	`-`	`24,446`		`24,446`
`GraduateDiplomain`	`-`	`-`	`-`	`1,700`			`1,700`
`Theology- Scholarship`
`IndiaCovidRelief`	`-`	`-`	`-`	`-`	`15,000`		`15,000`
`IndiaGospelMinistries`		`-`	`-`	`-`	`15,000`		`15,000`
`Jubilee+`	`3,000`	`-`	`3,000`	`5,000`		`-`	`5,000`
`LifeChurchSouthampton`	`-`	`-`	`-`	`11,250`		`-`	`11,250`
`MastersDegreeinTheology-`	`-`	`-`	`-`	`600`		`-`	`600`
`Scholarship`
`MissionContingency-`	`-`	`-`	`-`	`-`	`870`		`870`
`Philippines`
`MissionworkinPenafiel`	`-`	`-`	`-`	`-`	`8,000`		`8,000`
`Portugal`
`Myanmar- Restricted`	`-`	`2,200`	`2,200`	`-`	`3,696`		`3,696`
`NewGround`	`4,500`		`4,500`	`-`		`-`		`-`
`NFEventsSupport`	`10,000`	`-`	`10,000`	`10,000`		`-`	`10,000`
`PaulandJoannaYoung`	`-`	`7,500`	`7,500`	`-`	`7,500`		`7,500`
`Serbia`	`-`	`-`	`-`	`-`	`300`		`300`
`SocialAction- NewLife`	`-`	`-`	`-`	`10,600`		`-`	`10,600`
`Fordingbridge`
`SocialAction- Designated`	`-`	`-`	`-`	`25,000`		`-`	`25,000`
`SocialAction- Parivartan`	`-`	`9,100`	`9,100`	`-`	`1,100`		`1,100`
`SteppingStonesIndia-`	`-`	`-`	`-`	`-`	`185`		`185`
`Restricted`
`TrinityLifeChurch`	`-`	`-`	`-`	`6,607`		`-`	`6,607`
`UKOperationalSupport`	`95,593`	`.`	`95,593`	`100,000`		`-`	`100,000`
`UnionSchoolofTheology-`	`3,433`	`-`	`3,433`	`6,783`		`-`	`6,783`
`Scholarship`
`VinuPaulRestricted`	`-`	`1,500`	`1,500`	`-`		`-`		`-`
`Total`	`222,026`	`51,841`	`273,867`	`218,540`	`100,430`		`318,970`

`Netoutgoingresourcesfortheyear`
`Thisisstatedaftercharging:`	`2023`		`Unaudited`
			`2022`
	`£`		`£`
`Staffpensioncontributions`	`8,791`		`8,903`
`Depreciation`	`2,834`		`3,931`
`Auditor'sremuneration— auditfees` `Independentexaminer’sfee`	`10,000`	`-`	`4,300`	`-`

`egateremunerationofallpersonsemployedbytheCharityduri`	`ngtheyearcomp`	`risedof:`
	`2023`	`Unaudited`
		`2022`
	`£`	`£`
`Wagesandsalaries`	`303,348`	`295,090`
`Socialsecuritycosts`	`29,442`	`30,623`
`Pensioncosts`	`8,791`	`8,903`
	`341,581`	`334,616`
`agenumberofemployees,analysedbyfunctionwas:`
	`2023`	`Unaudited`
		`2022`
	`No`	`No`
`Missionstaff` `Operationalstaff`	`1` `9`	`1` `11`

		`Office`
		`equipment`
		`&machinery`
`Costorvaluation`
`At1 January2023`
`Additions`
`Disposals`
`At31December2023`
`Depreciation`
`At1 January2023`
`Chargefortheyear`
`Eliminatedondisposal`
`At31December2023`
`Netbookvalue`
`31December2023`		`6,499`
`31December2022`		`9,333`
`btors`
	`2023`	`Unaudited`
		`2022`
	`£`	`£`
`Tradedebtors` `Otherdebtors` `Prepayments`	`203,000` `5,000` `109,785`	`155,535` `7,500` `232,744`
	`317,785`	`395,779`

`Creditors`
	`2023`	`Unaudited`
		`2022`
	`£`	`£`
`Amountsduewithinoneyear:`
`Tradecreditors`	`22,956`	`70,213`
`Deferredincome`	`278,348`	`259,464`
`Othercreditors`	`(1,658)`	`12,327`
	`299,646`	`342,004`

`13` `Restricted`	`incomefunds`
`Currentyear`	`Balanceat`							`Balanceat`
	`1January`	`Incoming`		`Outgoing`				`31December`
	`2023`	`resources`		`resources`		`Transfers`		`2023`
	`£`	`£`		`£`		`£`		`£`
`SteppingStonesIndia` `Ghana` `Myanmar` `CovidCrisisRelief`	`40` `32` `2,930` `20,092`	`160` `3,627`	`-` `-`	`(2,200)` `(20,092)`	`-` `-`		`-` `-`	`200` `3,659` `330`	`-`
`IndiaCovidRelief` `UKChurchplanting`	`3,162` `894`		`-` `-`		`-` `-`		`-` `-`	`3,162` `894`
`IndiaandFarEast` `Chennai` `Ahmedad`	`4,035` `4,625` `4,625`	`1,500`	`-` `-`	`(5,478)`	`-` `-`	`9,250` `(4,625)` `(4,625)`		`9,307`	`-` `-`
`Total`	`40,035`	`5,287`		`(27,770)`			`-`	`17,552`

`Prioryear(Unaudited)`	`Balanceat`							`Balanceat`
	`1January`	`Incoming`		`Outgoing`				`31December`
	`2022`	`resources`		`resources`		`Transfers`		`2022`
	`£`	`£`		`£`		`£`		`£`
`SteppingStonesIndia` `IndiaRelationalMission` `Ghana` `Myanmar`	`94` `10,171` `17,544` `6,226`	`160`	`-` `-` `-`	`(200)` `(24,463)` `(3,696)`	`-`	`(14)` `(10,171)` `6,951`	`-`	`40` `32` `2,530`	`-`
`CovidCrisisRelief` `IndiaCovidRelief` `UKChurchplanting`	`17,908` `38,230` `7,143`	`26,607`	`-` `-`	`(35,068)` `(53,456)`	`.`	`2,184` `20,600`	`-`	`20,092` `3,162` `894`
`IndiaandFarEast`	`3,388`	`3,995`		`(3,548)`		`200`		`4,035`
`Chennai`	`4,625`		`-`		`-`		`-`	`4,625`
`Ahmedad`	`4,625`		`-`		`-`		`-`	`4,625`
`Total`	`109,954`	`30,762`		`(120,431)`		`19,750`		`40,035`

`14`	`Unrestricted`	`incomefunds`
`Currentyear`		`Balanceat`						`Balanceat`
		`1January`	`Incoming`	`Outgoing`				`31December`
		`2023`	`resources`	`resources`		`Transfers`		`2023`
		`£`	`£`	`£`		`£`		`£`
`Designatedfunds`
`International`	`ChurchPlanting`	`14,705`	`-`	`(8,770)`			`-`	`5,935`
`UKApostolic`	`Support`	`-`	`186,000`	`(97,624)`		`(80,000)`		`8,376`
`International`	`Apostolic`	`-`	`84,250`	`(82,590)`			`-`	`1,660`
`Support`
`SupportingthePoor`		`1,838`	`13,600`	`(2,363)`		`(10,000)`		`3,075`
`Underwriting` `UKMission` `SocialAction`	`Events`	`127,176` `220,542` `9,995`	`80,500` `45,723` `-`	`(100,135)` `(15,500)`	`-`	`(90,000)`	`.` `-`	`17,541` `250,765` `9,995`
		`374,256`	`410,073`	`(306,982)`		`(180,000)`		`297,347`
`Unrestricted`	`funds`
`Generalfunds`		`481,523`	`915,954`	`(1,127,363)`		`180,000`		`450,114`
		`855,779`	`1,326,027`	`(1,434,345)`			`-`	`747,461`

`Prioryear`	`Balanceat`							`Balanceat`
	`1January`		`Incoming`	`Outgoing`				`31December`
	`2022`		`resources`	`resources`		`Transfers`		`2022`
	`£`		`£`	`£`		`£`		`£`
`Designatedfunds` `InternationalChurchPlanting` `UKApostolicSupport` `InternationalApostolic`	`21,075` `62,011`	`-`	`-` `10,000` `39,000`	`(6,370)` `(10,563)` `(60,074)`		`(61,448)` `21,074`	`-`	`14,705`	`-` `-`
`Support` `SupportingthePoor` `TaskTeams& overheads` `UnderwritingEvents` `UKMission`	`27,213` `32,645` `88,498` `309,884`		`-` `-` `60,000` `10,568`	`(25,375)` `(5,322)`	`-` `:`	`(32,645)` `(16,000)` `(99,910)`	`-`	`1,838` `127,176` `220,542`	`-`
`SocialAction`	`9,995`		`-`		`-`			`9,995`
	`551,321`		`119,568`	`(107,704)`		`(188,929)`		`374,256`
`Unrestrictedfunds`
`Generalfunds`	`353,165`		`563,112`	`(603,933)`		`169,179`		`481,523`
	`904,486`		`682,680`	`(711,637)`		`(19,750)`		`855,779`

	`Tangible`		`Netcurrent`	`Total`	`Tangible`	`Netcurrent`	`Total`
	`fixedassets`		`assets`		`fixedassets`	`assets`
					`Unaudited`	`Unaudited`	`Unaudited`
	`2023`		`2023`	`2023`	`2022`	`2022`	`2022`
	`£`		`£`	`£`	`£`	`£`	`£`
`Restrictedfunds`		`-`	`17,552`	`17,552`	`-`	`40,035`	`40,035`
`Designatedfunds`		`-`	`297,347`	`297,347`	`-`	`374,256`	`374,256`
`Generalfunds`	`6,499`		`443,615`	`450,114`	`9,333`	`472,190`	`481,523`
	`6,499`		`758,514`	`765,013`	`9,333`	`886,481`	`895,814`

			`2023`	`Unaudited`
				`2022`
			`£`	`£`
	`Netincomeforthereportingperiod(asperthe` `statementoffinancialactivities)`		`(130,801)`	`(118,626)`
	`Depreciation`		`2,834`	`3,931`
	`Loss/{profit)ondisposaloffixedassets`		`-`	`1,054`
	`Dividends,interestandrentsfrominvestments`		`(21,420)`	`(5,826)`
	`Decrease/(increase)indebtors`		`77,994`	`(163,231)`
	`(Decrease)/Increaseincreditors`		`(42,358)`	`152,567`
	`Netcashoutflowfromoperatingactivity`		`(113,751)`	`(130,131)`
`17`	`Analysisofcashandcashequivalents`
			`2023`	`Unaudited`
				`2022`
			`£`	`£`
	`Cashinhand`		`568,052`	`607,474`
	`Depositsonmorethan3 months’notice`		`172,323`	`225,232`
			`740,375`	`832,706`
`18`	`Analysisofchangesinnetdebt`
	`Balanceat`			`Balanceat`
	`1`	`January`		`31December`
		`2023`	`Cashflows`	`2023`
		`£`	`£`	`£`
	`Cashandcashequivalents`	`832,706`	`(92,331)`	`740,375`
	`Balanceat`			`Balanceat`
	`1`	`January`		`31December`
		`2022`	`Cashflows`	`2022`
		`£`	`£`	`£`
	`Cashandcashequivalents`	`957,011`	`(124,305)`	`832,706`