## **Chrysolis** ## **Report of the Trustees & Accounts for the year ended 31 March 2023** ## **Index to the Financial Statements** **For the Year Ended 31 March 2023** ||**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 2023 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 2023 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 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. ## **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 2023 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, we were able to begin transitioning our Romanian projects to their next phase, to support projects around Europe, and to begin working on resource production. ## **Romania** Romania has previously been the primary geographical focus of Chrysolis’ work. 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. We have invested in training and learning experiences for the staff and volunteers of Chrysolis Romania, and Luke, on behalf of Chrysolis UK, has continued to oversee the team in Bucharest and report back to the board of Chrysolis UK. 3 Chrysolis Report of the Trustees & Accounts for the year ended 31 March 2023 Continued One of our key projects has been 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. Much of this has been in partnership with the Romanian affiliate of the International Fellowship of Evangelical Students (“IFES”, UK Registered Charity Number 247919). We have held a long-term aim stepping away and allowing Engage’s emphases to be continued by the Romanian IFES movement. During 2022 the Romanian IFES movement began a significant internal reorganization, and we paused our work with them, and will monitor how they continue these emphases post-reorganization to determine our future input in this area. 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 and we also ran a pilot Advance event in Timisoara. In early 2023, we began the transition of Chrysolis Romania to a second generation of local leadership, drawing for this on existing volunteers and participants in Advance. Our anticipation is that this transition will lead to further independence for Chrysolis Romania, with us moving from an oversight capacity to a looser advisory one. ## **Rest of Europe** We have been taking the emphases of Engage more widely around Europe. Luke, at the behest of IFES, has been developing contacts with Christian student organizations in both Latvia and Estonia, as well as developing existing ones in the Republic of Moldova. He travelled to both Moldova and Latvia to work with them on developing Engage-style projects, culminating in a week of free public events on and near campus during September 2022. 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 spoke and provided training seminars at their national conference. Luke has been able to speak at a number of local church-based events in the UK and Romania, focusing his teaching especially on question of how contemporary culture and religion relate together. He has also provided a range of training seminars for a number of training days and conferences organized in the UK by the Universities and Colleges Christian Fellowship (“UCCF”, registered charity 306137) around themes relating to public communication of the Christian faith. 4 Chrysolis Report of the Trustees & Accounts for the year ended 31 March 2023 Continued ## **invisible castle** A new project, _invisible castle_ , is being developed under the oversight of our director and one of our trustees, Kristi Mair. It aims to make available a range of resources relating to the communication of the Christian faith. We have developed branding for the project, and a plan is in place for a stream of free articles and a podcast, beginning in mid-2024. The first physical _invisible castle_ resources and events are also under development. ## **Refugees** Following the invasion of Ukraine in February 2022, 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 made small grants to those local churches and organizations which were refitting their premises as refugee accommodation, enabling them to purchase furniture and supplies. We have continued to support a local project in the Republic of Moldova, supporting the material needs of refugees. Luke visited this project in December 2022. ## **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 £39,983 (last year: £40,232), with a further £7,781 (last year: £41,013) given for the restricted use of supporting work with Ukrainian refugees. A grant of £0 (last year: £10,000) was received from a UK-based charitable trust towards the costs of one staff role in Romania. A total of £0 (last year: £6,260) was received from HMRC under their furlough scheme, while £8,632 (last year: £0) was recovered under HMRC’s Gift Aid scheme. Salary costs of £39,283 (last year: £38,204) were paid out during the accounting period. Travelling and subsistence costs for the team during the year were £7,355 (last year: £9,944) for expenses incurred. The sum of £1,707 (last year: £50) was used for other costs. A total of £6,508 (last year: £7,685) was also paid in grants to Chrysolis Romania for costs related to their staff team roles. A further £163 (last year: £155) was paid to PayPal for transaction fees, while £6,381 (last year: £13,091) was paid in donations to projects serving Ukrainian refugees in Romania and the Republic of Moldova. Net payments 5 Chrysolis Report of the Trustees & Accounts for the year ended 31 March 2023 Continued for the year was £5,001 (last year: net receipts £30,966) and our end of year cash funds were £43,413 (last year: £48,413), of which £27,719 (last year: £32,827) 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** We anticipate continuing to assist the Romanian organization with its first major leadership transition, and to provide advice as they develop their next slate of projects. Our aim is that, as the work in Romania continues to become more independent, we can continue refocusing on developing work in other locations. We also anticipate continued partnership with IFES, and we are working on plans to help them implement public events around Europe, including in Latvia and hopefully also Estonia. We also intend to work on developing contacts and projects in the UK, especially through our investment in the _invisible castle_ project and associated resources, which will function partially to make some of the thinking and praxis of our past few years more widely accessible. ## **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 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 6 Chrysolis Report of the Trustees & Accounts for the year ended 31 March 2023 Continued - 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 2023 Continued Chrysolls Receipts & payment accounts 14D 11527•7 CC16a For th• pwSod lrnrn 01ffj4Q022 T• 311031202J Section A Receipts and pa lknr••lricl•d R••lrtd•d fund• fund* ments Endowm •nt funds Totii fvnd• L•¥ty•4f A1R 11,245 1.6Ji 2•9 trt•ll&0ssin￿rne br ARJ IM.9 .sis A2 A•••¢ inY••tm•nl totsi 44.115 7.711 56.396 1•0,905 Cost& 39.213 7.ms t.707 113 P* 1r•r•4t1￿ r 1•3 C¥v4 io &J•i 61.)•7 .9 A4 A•••t kn¥••lm•AI pur¢h•w1g•• tablg) Tot•lp•ym•rrts 12.889 al.J97 N•t glree+Wrfpaym•rtsJ AS TrnnslEWS bth¢en lund• A6 Cuh lundi l¥wl y•v •nd 107 5.10• 5.901 JO.H6 15.586 J2.027 48.113 17.448 XX fi.. 1S,693 27,719 43.413 40.413 Chrysolis Report of the Trustees & Accounts for the year ended 31 March 2023 Continued Section B Statement of assets & liabilit￿S at the end of perlod C*t•gor lund• Bl C**h 27.71• PtyP¥ Tot•l¢ash IWKIS 1S,693 27.719 lund• lunds D•tai 82 CXh•r mornt•ry ••Mt• Cwf•m O•taili etail* BS U•blllli•• S9n8d by ont Crf on Jnalur• al 1 110112024 '101r2024 IL¥X P2 (SSI 3rwoio024 Chrysolis Report of the Trustees & Accounts for the year ended 31 March 2023 Continued CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Ind¢p¢ndeni Examlner's Report Roport ¢0 the ttustgg41 Morn￿￿8 01 CHRYSOUS On *¢￿￿￿14 fr*r thv y••r •n¢l•rt 31 MARCH 2023 charlty no Ilf anyl 1152787 S•t ¢¥ut on p•g• I ro[￿ 10 Iho trust6•s my exBrrinalon of the of the atsjve £hO￿ty Dhe Tru¥fi ts Ihe ytsr ende41 Yyi Ruwnslbllltl•s •nd As th• tharity tn15tees of the Trusi, you ale ￿$pUn￿￿4Q for preparatr.on bas1$ of rnport of th8 accounts In 8ccord8nce ￿1th Ihe requlrements of the Charflies Ac¢ 2011 r1￿ Wl. I rerKxl ir re5F¢Ct ol rny examinaiv)n of thè Trusi'5 8¢counl¥ corr￿0 t urxjer seclon 145 of 2011 P£t and in ￿rying out rny exarninatsm. I have lollow¢d ap￿1(atIe DireL*ons gwen by Ile Charity Co￿￿831 uTrJer secbon 14SlSllbl ol AGI. I h8¥e rx)mpklert my examinaith. I confirrn Ihat ro rn#eD* rr44tt•t3 Iwve ccfft lo my attention loltrw Ihan th81 digd05ed teknv'l in ￿lIh th• &x3rn1nation which gros me cJJse ID Ihji kn. m?lon81 rewect. 8c£OL￿tif￿J records wer¥ kepl In •Cth[dan￿ Ylrfh 13Q of Ihe Act or the attxwnts do wt a(Lord with the ar￿ul)b￿c recoros Independ•nt •xam5n•rf$ slatem*nt I have ro cotKerns and hawe auoss rKJ other matters in c(lin￿￿on Ih the examinalNJn to which attention shwld be drawn In c*der to enable o proper tsnder5tsnding of 8cc(yJnts to ba re￿thed. . Flea d61&t8 th* word$ Ihg by3(*ets rfthgy do not8p&*. Slgn•il: 2oZF Narn•; ILIP R oa i•JJ•Trl R•l•vant quallflc•¢lonlsl or b¢xly Ilf any).. FnAhT. OF ALKa4frJT 4vJr* T6 Lth•JiLIA4S I Addr•88.' IER October 2Q18 io Chrysolis Report of the Trustees & Accounts for the year ended 31 March 2023 Continued Section B Oi$c105ure CAIty ¢tyry)lete ifthE exarniTrer r￿ed5 lo huhlvJht rnall￿ ol cryKern1soe C¢32, Indepwdeni examina)￿ ol charlly *ec¥Jiii$." diTSCbons arnj guithrtg fc examknerJ), Glv• tse￿ brlef det•114 01 any Items that Ihe *xarnlntr wlslx• to IER Octob•r 2018 li