## **Chrysolis** ## **Report of the Trustees & Accounts for the year ended 31 March 2022** ## **Index to the Financial Statements** **For the Year Ended 31 March 2022** ||**Page**| |---|---| |Report of the Trustees|1 – 6| |Report of Receipts and Payments|7| |Report of Assets and Liabilities|8 – 9| |Report of the Independent Examiner
|10 – 11| Chrysolis Report of the Trustees & Accounts for the year ended 31 March 2022 Continued |**Constitution:**|Chrysolis operates under a Declaration of Trust dated March 2nd, 2012.|Chrysolis operates under a Declaration of Trust dated March 2nd, 2012.| |---|---|---| |**Registered Charity Number:**|1152787|| |**Trustees:**|Appointment of trustees|is by a simple majority of the existing trustees present| ||and voting, with the chairperson having the casting vote, in accordance with|| ||Clauses 9, 10, 12, 17 and 18 to the Trust Declaration.|| ||The current trustees are:|| ||Mr S. Humphreys|(chair)| ||Rev. T Raaff|(treasurer)| ||Dr. H Giddings|(secretary)| ||Ms. C Ormiston|| ||Ms. K Mair|| |**Correspondent:**|Rev. T Raaff|| |**Address:**|New Rectory|| ||Main Street|| ||Linby|| ||NG15 8AE|| |**Independent Examiner:**|Geoffrey Charrot|| ||10 Osborne Close|| ||Hucknall|| ||Nottsingham|| ||NG15 7UY|| |**Bankers:**|Cooperative Bank|| ||PO Box 250|| ||WN8 6WT|| |**Governance:**|Chrysolis is run by the Trustees on a voluntary basis.|| 1 Chrysolis Report of the Trustees & Accounts for the year ended 31 March 2022 Continued ## **Reserves** Chrysolis has typically maintained reserves of between two and three months running costs, with a longer-term goal of increasing this. ## **Oversight** Chrysolis currently has one employee. Luke Cawley is responsible for implementing our projects. He both initiates new projects and responds to requests and invitations for help from organizations and individuals, with priority given to those projects which make best use of his gifting and best fulfil the objects of the charity. The trustees are in regular consultation with Luke and have both a pastoral oversight responsibility and also provide guidance in his daily implementation of the charity’s objects. Luke also oversees and develops our expanding team of volunteers in Romania, as well as those individuals who work there with our partner organization, Chrysolis Romania, on a paid freelance basis or volunteer basis, who this year included Lucian Balanescu, Ioana Glitia, and Alina Radu. ## **Objects and Activities** The objects of Chrysolis are - (1) To advance the Christian faith for the benefit of the public through quality resources, training and events, in accordance with the following statement of faith (‘the statement of faith’): - We believe in… - The one true God who lives eternally in three persons—the Father, the Son and the Holy Spirit. - The love, grace and sovereignty of God in creating, sustaining, ruling, redeeming and judging the world. - The divine inspiration and supreme authority of the Old and New Testament Scriptures, which are the written Word of God—fully trustworthy for faith and conduct. - The dignity of all people, made male and female in God's image to love, be holy and care for creation, yet corrupted by sin, which incurs divine wrath and judgement. - The incarnation of God’s eternal Son, the Lord Jesus Christ—born of the virgin Mary; truly divine and truly human, yet without sin. 2 Chrysolis Report of the Trustees & Accounts for the year ended 31 March 2022 Continued - The atoning sacrifice of Christ on the cross: dying in our place, paying the price of sin and defeating evil, so reconciling us with God. - The bodily resurrection of Christ, the first fruits of our resurrection; his ascension to the Father, and his reign and mediation as the only Saviour of the world. - The justification of sinners solely by the grace of God through faith in Christ. - The ministry of God the Holy Spirit, who leads us to repentance, unites us with Christ through new birth, empowers our discipleship and enables our witness. - The Church, the body of Christ both local and universal, the priesthood of all believers—given life by the Spirit and endowed with the Spirit's gifts to worship God and proclaim the gospel, promoting justice and love. - The personal and visible return of Jesus Christ to fulfil the purposes of God, who will raise all people to judgement, bring eternal life to the redeemed and eternal condemnation to the lost, and establish a new heaven and new earth. - (2) To advance the education of members of the public involved in communication of the Christian faith, through the continued development of their individual capabilities, competencies, skills and understanding in subjects relevant to such communication. ## **Achievements and Performance** It was both a difficult and also strategically pivotal year. It began with the global pandemic still affecting our ability to implement intended and scheduled projects. As the year went on, though, both our core projects in Romania — Advance and Engage — were successfully relaunched and expanded. ## **Romania** Romania has been the primary geographical focus of Chrysolis’ work over the past year. One of our key projects is Engage, through which we ordinarily partner with Romanian Christian student groups and local churches, to help organize and provide speakers for open and free public events designed to provide an introduction to the Christian faith for university students. We were able to relaunch these and also begin planning on a new national Engage conference, training the organisers of such events. We also hosted some online webinars in partnership with the Romanian affiliate of the International Fellowship of Evangelical Students (“IFES”, UK Registered Charity Number 247919). At these online events we offered 3 Chrysolis Report of the Trustees & Accounts for the year ended 31 March 2022 Continued training and development on engaging student audiences in discussions of the enduring relevance of the Christian faith. This helped continue keeping alive the vision of doing so in physical and on-campus locations once, later in the year, it became legally and safely possible. We were also able to provide speakers for online events around the country and, as shifting restrictions allowed, physically give presentations in a range of cities and contexts over the course of the year. Our other key Romanian project, Advance, is a series of publically-available courses on aspects of the Christian faith. It has continued to run in Bucharest. Events included: - Our multi-week course on Conversational Apologetics, in-person in Bucharest. - A series of online webinars, featuring international speakers such as British artist Alister Gordon, and Australian author Daniel Paterson. - Weekend conferences, on topics including ‘How to Disagree’, and ‘C.S. Lewis and Narrative Apologetics’. - A national consultancy event regarding the possible development of Advance in other university cities around the country. We continued to operate our online video channel, Diapologeticus, a spin-off of Advance, which features Romanian-language discussion of various issues from a Christian perspective. A free regular Romanianlanguage apologetics newsletter, Crede & Cerceteaza, was also distributed during this period and our subscriber list continued to grow. Much of our work is in partnership with a locally-led non-profit, Chrysolis Romania (or, legally, Asociaţia Chrysolis), we helped establish in 2020, and with whom we have a memorandum of understanding. Chrysolis Romania has an entirely Romanian staff and board, and we are transitioning towards the core running costs of Chrysolis Romania being entirely financed by Romanians. As part of this transition, we have invested in training and learning experiences for those staff paid through Chrysolis Romania; Ioana, Lucian, and Alina. They have met with experienced fundraisers, and we have arranged for them to visit locations such as the London Institute for Contemporary Christianity, and L’Abri, and speak with staff there. Luke, on behalf of Chrysolis UK, continues to oversee the team in Bucharest and report back to the board of Chrysolis UK. ## **Rest of Europe** Luke, at the behest of IFES, has also been developing contacts with Christian student organizations in both Latvia and Estonia. He travelled to Latvia to work with them on developing Engage-style projects, invited some 4 Chrysolis Report of the Trustees & Accounts for the year ended 31 March 2022 Continued Latvians to observe Engage public events week among students in Romania, and is working on helping them design something similar for their context. He also travelled to Belgium to help the IFES-linked Christian student movement there explore fresh and interactive approaches to public communication about the Christian faith, and taught a session on this approach at IFES’ FEUER conference in Greece. ## **Churches** Luke and Lucian have been able to speak at a number of local church-based events in the UK and Romania, focusing their teaching especially on question of how contemporary culture and religion relate together. ## **Refugees** Following the invasion of Ukraine in February 2021, Romania and the neighbouring Republic of Moldova were flooded with refugees and needed to respond rapidly. We took the decision to utilise our existing local knowledge and connections, as well as our existing networks of current and potential supporters, to open a fund restricted for the support of local efforts housing and supporting refugees. We then made small grants to those local churches and organizations which were refitting their premises as refugee accommodation, enabling them to purchase furniture and supplies. ## **Financial Review** The financial statements have been subjected to an Independent Examination, as they are exempt from the audit requirements of section 144 Charities Act 2011. The Independent Examination results are pending and a version of this report which includes them will be uploaded soon. Gifts received in the period amounted to £40,232 (last year: £36,926), with a further £41,013 (last year: £0) given for the restricted use of supporting work with Ukrainian refugees, and £0 (last year: £606) given for the restricted use of work in Romania. A grant of £10,000 (last year: £9,000) was received from a UK-based charitable trust towards the costs of one staff role in Romania, along with a further two donations totalling £3,400 (last year: £0), which we restricted for the support of staff in Romania. A total of £6,260 (last year: £16,724) was received from HMRC under their furlough scheme. Salary costs of £38,204 (last year: £37,874) were paid out during the accounting period. Travelling and subsistence costs for the team during the year were £9,944 (last year: £2,477) for expenses incurred. The sum 5 Chrysolis Report of the Trustees & Accounts for the year ended 31 March 2022 Continued of £50 (last year: £0) was used for other costs. A total of £7,685 (last year: £13,151) was also paid for costs related Lucian, Ioana and Alina’s roles. A further £155 (last year: £169) was paid to PayPal for transaction fees, while £13,091 (last year: £0) was paid in donations to projects serving Ukrainian refugees in Romania and the Republic of Moldova. Net expenditure for the year of £30,966 (last year: £12,525) and our end of year cash funds were £48,413 (last year: £17,448), of which £32,827 (last year: £0) is restricted for the purpose of assisting Ukrainian refugees. ## **Public Benefit** We confirm that the trustees have paid due regard to the Charity Commission’s guidance on public benefit in planning the activities the charity should undertake. ## **Plans for Future Periods** Luke, in partnership with the Romanian organization, will continue to develop the work in Romania, speaking at and helping launch/run public educative events regarding the Christian faith. They will be developing a new national Engage conference, and also further expanding the Advance project into the city of Timisoara. We also anticipate continued partnership with IFES, and we are working on plans to help them implement public events in both Romania, as and when restrictions allow, and also further afield, including the aforementioned development of projects in Latvia and hopefully also Estonia. We will also monitor the development of the staff and finance within Chrysolis Romania and continue assessing the most viable form for continued future work there. Our hope is that, as the work in Romania continues to become more independent, we can further withdraw to a supporting role, and begin refocusing on developing work in other locations and countries. ## **Trustees’ Responsibilities** The trustees are responsible for preparing the Annual Report and the financial statements in accordance with applicable law and regulations. The trustees are required to prepare financial statements for each financial year in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). The financial statements are required by law to give a true and fair view of the state of affairs of the charity 6 Chrysolis Report of the Trustees & Accounts for the year ended 31 March 2022 Continued and of its incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees should follow best practice and: - select suitable accounting policies and apply them consistently; - make judgements and estimates that are reasonable and prudent; - state whether applicable UK Accounting Standards have been followed: and - prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation. The trustees are responsible for keeping accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that financial statements comply with the applicable law, regulations and the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. 7 Chrysolis Report of the Trustees & Accounts for the year ended 31 March 2022 Continued Chrysolls Receipts & payment accounts No 1152787 CC16a Forthe perlod from 0110412021 3110312022 Section A Receipts and payments Unrestrlcted funds Restrfcted funds Endowm enl fund8 Total fund¥ L•st y•ar ¢0 It• r••r••l lo th• n•wwt lo m•r••¢ Al Recel t* Ll)naiK)ns Grft 40.2J2 41,013 01,24S 36,K6 Gt•)1$ at*1 payThniB 10 C￿*01 13,400 13,40D lucian CA)nsull￿c Lucian tbnai',ons MRC Furftsu h 5chÈffl Gtant> 260 18.724 Sub total{Gross incorne for ARI 444•1 $4,413 10D.905 A2 Asset and Inv•stmont sal•s Sub total Totalrecelpts 0.491 54,41) 100.905 63,256 •nt• Salary Travel c05t5 & Olhof COSIS P81 Iron9&Cl￿ feets GTanl relat84 Cosi6 (Luclanl Giafti lo Chrysol￿ Flnmani 3B,104 2,477 1$5 155 Teluyeey Sub total 4D.353 .939 X270 A4 Au•t and Inv￿lMont purchu••, tabb•} Sub total Totslpayments 48.353 21,586 69,939 54.276 Net olr•celMs/(payments) A5 Tr•n#l•rn b•tw••n tunda A6 CaBh funds last year •nd Cash funds thls ear end CCXX R1 o[￿untIl8si 1,862 32.827 30,90fj 8.979 17,448 17.448 B,469 15,586 32,827 48.413 17,448 Chrysolis Report of the Trustees & Accounts for the year ended 31 March 2022 Continued Section B Statement of assets & liabilities at the end of period Unr•striG R•striclod fund5 Endowm•nl funds Cat•gorie8 Detail¥ lunds to n•or•8t to ￿￿T•￿t £ ¢0 £ B1 Cash funds 14.470 32.827 PayPal 1.1C Total cash funds 15.5B6 32.827 Unre$trf¢ Restrfctqd t•d fund8 to ft•ar•st £ Endowm•nt lund8 to rwwt £ Details 82 Other monetary assets Fuxl to téch a•s•t rr•nt Details 83 Inveslmont assets Z444 ch IL*lr•ykll Detalls B5 uabl11￿3 SvJn8d by one or two tnJst•86 on behalf ol al the trustees Date of roval Sh3naturé Priil Naff Trevcw Ra8ff 1610112023 Stephen Humphreys 31 10112023 CCXX R2 accKbunts ISSI 2710112023 Chrysolis Report of the Trustees & Accounts for the year ended 31 March 2022 Continued CHARITY COMMISSION FOR ENGLAND AND WALES Independent examSnerfs report on the accounts Section A Independeni Examiner's Report R•port lo ¢he trustees1 mem￿r8 of CHRYSOLIS On accounts for th• y•ar •nd•d 31 MARCH 2022 Charity no 111 any) 1152787 Sèt oul on pag•$ I rerxyt lo the trustees on ffly eXarTYnat￿ of the accounts of the ab (*arty1lhe TnJst"I lor Ihv year ended R•spon*lbllltl•# and A6 thg tharily trus￿05 ol iho Trust, YW 8re resw)nsSble for prep8ralt ba#18 of r•port of tre accounts in wxordance the requirements of the Ch8rrboy Act 2011 1.the Act'l. I repC￿ in res￿1 of my examination of Ihe Trust's accounts camed out Jer secbon 145 of tho 2011 Act and in carrylng out my examInatiL￿. I have Idlowed the appli￿ble Directions given by the Charity Comrnissk)n under se¢tron 14515llbl ol Ihe Act. I h8ve COMp￿ted my 8xaminatith). l e4Jnfirm that rKJ mat9rial rnatte￿ have crMr* to my attenlion lolher than that di￿10$90 below"l in conneclion wth the oxomination whlch 9ives me ¢•u3e lo believe that in. any material respect.. ccounting recryJs were Tr)1 kept in accordance with s&ctpJn 130 of th8 Act or the acc4Junts do not ac£c*d wilh the 8¢counling I￿OrdS Ind•pnd•nt examlnerfs statsm•nt I have rKs conc4rns and have come across M other matters in connecknon wilh thtr examinabon to which attention shoukl be drawn in order lo 8nablB a pro er understandiTrJ ol the accounts to bè ￿athed. delete thg in Ihe brackets if they do nol apply. SIgn￿. iè Name: R•l•vJnt prof•¥JBionil qualfficatlonlsl or body 111 any): PA.A.(- Addr•88: A UCKNhL NbTfiN6H IIA, M&iS IILY IER October 2018 io Chrysolis Report of the Trustees & Accounts for the year ended 31 March 2022 Continued Sectioii 8 Oisclosure nly complete If the exarniner needs lo h￿￿h1￿h1 matters of cortcern (see CC32, ependent examination of chadty accounts.. direct￿n5 and gumIan￿ lor inersl. Glv• hero brlef d•l•llg of any Item8 that th• e¥amln?r wl*h•• to dlscloso. IER October 2018