**Registered charity number: 1153577**
## **REPORT OF THE TRUSTEES AND**
F **INANCIAL STATEMENTS**
**FOR THE YEAR ENDED 31 MARCH 2022**
**FOR**
**CAM INTERNATIONAL**
**CAM INTERNATIONAL**
**CONTENTS OF THE FINANCIAL STATEMENTS FOR THE FOR THE YEAR ENDED 31 MARCH 2022**
||**Page**|
|---|---|
|**Charity Information**|1|
|**Report of the Trustees**|2-4|
|**Report of the Independent Examiners**|5|
|**Statement of Financial Activities and**|6|
|**Income and Expenditure Account**||
|**Balance Sheet**|7|
|**Notes to the Financial Statements**|8-11|
|**Detailed Income and Expenditure Account**|12|
## **CAM INTERNATIONAL**
## **REFERENCE AND ADMINISTRATION NFORMATION FOR THE FOR THE YEAR ENDED 31 MARCH 2022**
|**CHARITY NAME:**|CAM International|
|---|---|
|**REGISTERED CHARITY NUMBER:**|1153577|
|**CHARITY’S PRINCIPAL ADDRESS:**|355 Blackpool Road|
||PRESTON|
||Lancashire|
||PR2 3AB|
|**TRUSTEES:**|Rev Andrew Ramsey (Chair)|
||Rev Maureen Lee|
||Rev Andrew McManus|
||Mr Fletcher Kusaloka|
||Mr Paul Stephenson|
|**BANKERS:**|The Co-Operative Bank plc|
||Business Direct|
||PO Box 250|
||Skelmerdale|
||WN8 6WT|
|**INVESTMENT BANK:**|Novia Financial plc|
||Cambridge House|
||Henry Street|
||Bath|
||Somerset|
||BA1 1JS|
|**SOLICITORS:**|Edward Connor Solicitors|
||10 The Point|
||Market Harborough|
||LE16 7QU|
|**INDEPENDENT EXAMINERS:**|TCP|
||10 the triangle|
||ng2 business park|
||nottingham|
||NG2 1AE|
Page 1
## **CAM INTERNATIONAL**
## **REPORT OF THE TRUSTEES FOR THE FOR THE YEAR ENDED 31 MARCH 2022**
The Trustees present their Annual Report and Financial Statements for the year ended 31 March 2022.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
CAM International is a Foundation model Charitable Incorporated Organisation (CIO) registered with the Charity Commission. The charity’s activities are regulated by a constitution dated 29[th] August 2013.
The day to day management of the charity is in the hands of the Administrator, consulting Chair and other Trustees as necessary.
CAM International is the successor charity of the charitable trust Central African Missions (reg. no. 1049246 now listed on the Charity Commission’s Register of Mergers), formerly known as Zaire Evangelistic Mission, which in its turn was the successor charity to Congo Evangelistic Mission (reg. no. 250779). These changes reflect either political upheavals in Africa (particularly the change of country names) or the changing charity scene in the UK.
The Trustees acknowledge with thanks, over 100 years of continued missionary activity in Africa since its first missionaries, William FP Burton and James Salter, arrived at Mwanza, Katanga, Belgian Congo on 1 September 1915. CAM International continues to maintain the same objectives and aims as its founders.
## **Trustees**
The trustees of the charity are:
Rev Andrew Ramsey (Chair) Rev Maureen Lee Rev Andrew McManus Mr Fletcher Kusaloka Mr Paul Stephenson
Trustees are appointed for a 3-year period and are eligible for reappointment. Charity trustees are appointed by the continuing trustees.
All trustees, with the exception of Rev Andrew Ramsey, give of their time freely and receive no remuneration. Rev Andrew Ramsey receives no remuneration in respect of his trusteeship, but does in respect of the work done as Assistant Administrator.
Trustees’ meetings are normally held four times a year. At these the trustees consider and review all major activities of the charity, taking any necessary decisions and give any necessary instructions to the Administrator. In between trustees’ meetings the Administrator will consult the trustees by telephone or email when necessary.
## **Trustees’ Responsibilities**
The trustees are responsible for preparing the trustees’ report and the financial statements in accordance with general applicable law and United Kingdom Accounting Standards (United Kingdom General Accepted Accounting Practice).
The law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charities SORP 2015;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charities (Accounts and Reports) Regulations 2008, and the provisions of 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.
The Trustees recognise their responsibility for ensuring that the Charity has up-to-date Policies, including Safeguarding, Data Protection, Equal Opportunities, Health and Safety and Investment policies
## **Objectives and Activities**
The charity’s purpose, as set out in the object contained in the CIO’s constitution, is the advancement of the Christian religion and furtherance of charitable works in Africa and such other parts of the world as the trustees may from time to time think fit. The activities of the charity fully reflect the purposes for which it was set up.
Page 2
## **CAM INTERNATIONAL**
## **REPORT OF THE TRUSTEES continued… FOR THE FOR THE YEAR ENDED 31 MARCH 2022**
## **Objectives and Activities – continued**
The charity in Africa works principally in the areas of evangelism, Bible and literature translation and distribution, Bible teaching, education, youth and children’s’ work, relief activities and medical work. This is primarily achieved through the donation of funds to associate missionary workers and to local projects in Africa with which the charity is partnering.
Currently the charity supports work in DR Congo, Zambia, Mozambique, Ethiopia and the African Diaspora in the UK. The charity also regularly supports work in the above countries and in Ethiopia. Projects with which the charity is partnering are: Evangelists/church planters; Bible Schools; Prison ministry; Education; Medical work; Church leadership training; Youth work; Refugees and Displaced people.
The trustees have considered the Charity Commission’s guidance on public benefit, in particular that relating to the advancement of religion, the advancement of health and education, and the relief of poverty. It is their belief that the activities of the charity comply with their duty of due regard to the commission’s public benefit guidance when exercising any powers or duties to which the guidance is relevant.
## **PLANS FOR THE FUTURE**
A major consideration for the charity continues to be the strengthening of existing partnerships with different projects and personnel in Africa and future extension beyond the charity’s current areas of work.
The trustees continue to be open to consider applications from suitable personnel who feel called to missionary work with the charity.
## **FINANCIAL REVIEW**
## **Financial Position**
The state of the charity’s affairs is considered to be satisfactory. Excluding investment income and legacy gifts, the total of other gifts and donations have decreased from the previous year by £88,033, which reflects the impact of the coronavirus epidemic and other current world issues. However, the final result was a realised increase of £91,145 as expenditure during the year was lower – mainly due to mandatory travel limitations.
Total funds as shown on the balance sheet are now £652,174, a healthy increase from the previous year of £68,328. Of this cash at bank was £153,776 and the market value of the investments were £793,540. The market value of investments shows a decrease of £17,435. Last year the increase was £166,390. This reflects the volubility of the stock markets during the covid period and demonstrates the impact external market forces can have on the on-going valuation of the investments stated in the accounts. It should, however, be recognised that this is purely due to movements in the market as opposed to changes in management policy. It should also be noted that the investments are held for long term gain and so market fluctuations are inevitable.
## **Reserves Policy**
The trustees recognise that: (i) the risks associated with working in Africa (sickness, civil unrest, etc.) could have serious financial repercussions and (ii) a falloff in the level of donations would considerably curtail the charity’s activities.
To adequately cover these eventualities and to provide an emergency buffer to smooth out fluctuations in income, CAM International’s trustees have agreed to maintain a reserve fund in the region of £75-100,000 (approximately 3 months income/expenditure).
The trustees consider that its principal asset, the property at 355 Blackpool Road, Preston, has a market value of £100,000.
## **Funds Received by the Charity**
The charity is almost 100% dependent on voluntary donations from churches, individuals and other organisations to sustain its activities in Africa and in its UK office. All gifts, bequests and other income received have been applied to the work of missionaries and workers in Africa or to costs associated with running the Charity. All restricted funds are used solely for the purposes stated by the donors.
At 31[st] March 2022 funds held by the charity were as follows:
|Restricted Funds - Raggatt Fund (see ‘Restricted Funds’ below)|£ 317,162|
|---|---|
|Trustees’ Designated Funds – (see ‘Designated Funds’ below)|£ 141,835|
|Trustees’ Reserves (see ‘Reserves Policy’ above)|£ 100,000|
|Undesignated Funds available for general use|£ 93,176|
_**Restricted Funds:**_ It should be noted that a large proportion of the funds held by the Charity are restricted funds. These represent funds for which the donors have stipulated a specific usage. Such funds can only be used in accordance with the donor’s stated purposes, and cannot be applied to any other project or activity within the charity.
‘Restricted Funds – ‘Charitable Activities’ represents (i) the running balance of funds received for specific projects and funds expended on those activities; and (ii) funds received up-front for future projects.
Page 3
## **CAM INTERNATIONAL**
## **REPORT OF THE TRUSTEES continued… FOR THE FOR THE YEAR ENDED 31 MARCH 2022**
## **Funds Received by the Charity - continued**
‘Restricted Funds – Raggatt Fund’ represents the continuing funds from a large donation received in 1952 primarily to provide financial/material help for retired, long term missionaries who often experience financial difficulties on retirement and for help in exceptional circumstances for current missionaries and workers.
_**Trustees’ Designated Funds:**_ Funds put aside by the Trustees for specific, designated, future purposes and are therefore not considered available for general use.
_**Undesignated Funds:**_ Funds held by the charity which have no restriction put upon them by the donor and which can be applied by the trustees, as they see fit, within the objectives of the charity.
## **Investment Policy**
The Trustees hold the responsibility to invest the charity's funds for long-term growth whilst having funds readily available for current or emergency needs. All investments made by the trustees are reviewed on a regular basis. The charity has appointed a professional investment management firm to manage a significant proportion of the charity’s investments, on an advisory basis. The investment manager provides a performance report on a quarterly basis.
## **Risk Management**
During the past year all the mission Policies and Procedures have been updated. All risks were reviewed and no further action has been identified. The situation is unstable in parts of Congo but the trustees and missionaries keep an eye on the situation so that they can respond accordingly. The financial situation is currently stable.
On behalf of the Trustees
Rev Andrew Ramsey – Chair
Date: 15 September 2022
Page 4
## **INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF CAM INTERNATIONAL**
I report to the charity’s trustees on my examination of the accounts of the charity for the year ended 31 March 2022 which are set out on pages six to eleven.
## **Responsibilities and basis of report**
As the charity’s trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the charity’s accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent Examiner's statement**
Since the charity’s income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the Act. I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants England and Wales (ICAEW) which is one of the listed bodies.
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the charity as required by section 130 of the Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair view’ which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached
Mrs Rachel Wheldon _FCA CTA_ 10 the triangle ng2 business park nottingham NG2 1AE
Date: 15 September 2022
Page 5
## **CAM INTERNATIONAL**
## **STATEMENT OF FINANCIAL ACTIVITIES INCOME AND EXPENDITURE ACCOUNT FOR THE FOR THE YEAR ENDED 31 MARCH 2022**
|**Incoming Resources**
Note
Incoming resources from generated funds:
Voluntary Income
2
Investment Income
3
Incoming resources from the charitable activities
4
Total incoming resources
**Resources expended**
Charitable activities
5
Governance costs
7
Total resources expended
Net (outgoing)/incoming resources before transfers
Gains on investment assets
Net movement for the year
12
Missionaries Field funds transfers
Missionaries UK funds transfers
Net movement in funds
Funds balance brought forward at 1 April 2021
Funds balance carried forward at 31 March 2022|**Unrestricted**
**Funds**
**31/03/22**
**£**
**199,345**
**2,696**
**2,139**
**204,180**
**141,776**
**1,500**
**143,276**|**Restricted**
**Funds**
**31/03/22**
**£**
**284,560**
**1,500**
**-**
**286,060**
**293,861**
**-**
**293,861**|**Total**
**Funds**
**31/03/22**
**£**
**483,905**
**4,196**
**2,139**
**490,240**
**435,637**
**1,500**
**437,137**|Total
Funds
31/03/21
£
517,953
13,066
1,870|
|---|---|---|---|---|
|||||532,889|
|||||569,431
1,500|
|||||570,931|
||**60,904**
**11,425**
**72,329**
**-**
**-**
**72,329**
**262,682**|**(7,801)**
**6,390**
**(1,411)**
**(4,024)**
**1,434**
**(4,001)**
**321,164**|**53,103**
**17,815**
**70,918**
**-**
**(4,024)**
**1,434**
**68,328**
**583,846**|(38,042)
166,390|
|||||128,348
(57,934)
(13,180)|
|||||57,234
526,612|
||**335,011**|**317,163**|**652,174**|583,846|
All the above results are derived from continuing operations. All gains and losses in the financial period are included above.
The notes form part of these financial statements
Page 6
## **CAM INTERNATIONAL**
**BALANCE SHEET 31 MARCH 2022**
|**FIXED ASSETS**
Note
Tangible assets
8
Investments
9
**CURRENT ASSETS**
Debtors and prepayments
Cash at bank and in hand
10
**CREDITORS AMOUNTS DUE WITHIN 1 YEAR**
Other creditors
Accruals
Taxation and social security
Missionaries field accounts
12
Missionaries UK accounts
12
**NET CURRENT LIABILITIES**
**NET ASSETS**
**RESERVES**
Unrestricted funds
12
Restricted funds
12
Funds balance carried forward at 31 March 2022|**Unrestricted**
**Funds**
**31/03/22**
**£**
**1,606**
**139,931**
**141,537**
**41,198**
**155,284**
**196,482**|**Restricted**
**Funds**
**31/03/22**
**£**
**-**
**653,609**
**653,609**
**-**
**-**
**-**|**Total**
**Funds**
**31/03/22**
**£**
**1,606**
**793,540**
**795,146**
**41,198**
**155,284**
**196,482**|Total
Funds
31/03/21
£
1,650
810,975|
|---|---|---|---|---|
|||||812,625|
|||||19,192
88,228|
|||||107,420|
||**152**
**2,856**
**-**
**-**
**-**
**3,008**
**193,474**
**335,011**
**335,011**
**-**
**335,011**|**-**
**-**
**-**
**311,552**
**24,894**
**336,446**
**(336,446)**
**317,163**
**-**
**317,163**
**317,163**|**152**
**2,856**
**-**
**311,552**
**24,894**
**339,454**
**(142,972)**
**652,174**
**335,011**
**317,163**
**652,174**|74
2,944
-
307,528
25,653|
|||||336,199|
||||||
|||||(228,779)|
||||||
|||||583,846|
|||||262,682
321,164|
|||||583,846|
The financial statements were approved by the Board of Trustees on 15 September 2022 and were signed on its behalf by:
Rev Andrew Ramsey – Chair Trustee
The notes form part of these financial statements
Page 7
**NOTES TO THE FINANCIAL STATEMENTS FOR THE FOR THE YEAR ENDED 31 MARCH 2022**
## **CAM INTERNATIONAL**
## 1. **ACCOUNTING POLICIES**
## **Accounting convention**
The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities (Charities SORP 2015) UK accounting standards and the Charities Act 2011.
## **Funds**
Funds held by the charity are:
Unrestricted funds - these are funds which can be used in accordance with the charitable objectives at the discretion of the trustees.
Designated funds - these are funds set aside by the trustees out of unrestricted funds for specific future purposes or projects. The trustees regularly review fund balances on the basis of identified needs.
Restricted funds - these are funds that can only be used for the specific restricted purposes within the objects of the charity. The restrictions arise when specified by the donor or when the funds are raised for a particular restricted purpose.
## **Income recognised**
Incoming resources, including donations, legacies and grants are recognised in the period to which they relate. The value of services provided by volunteers has not been included on the basis that the value cannot reasonably be quantified. Grants, including grants of a capital nature, are recognised in the Statement of Financial Activities in accordance with the Statement of Recommended Practice.
## **Expenditure**
Expenditure is accounted for on an accruals basis and is allocated to the relevant cost category in accordance with internal guidelines issued by the charity and is appropriate to the use derived from the resource.
## **Taxation**
The activities of the charity are exempt from income tax on the net incoming resources.
## **Tangible fixed assets**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
|Freehold property|-|Nil|
|---|---|---|
|Equipment|-|15% on reducing balance|
|Computer equipment|-|331/3% on straight line basis|
## **Investments**
Investments are included at current market value. Any unrealised gain or loss is applied to the relevant fund account. All investment income received is allocated between fund accounts on behalf of which the investments are held.
## **Foreign Currencies**
Transactions in foreign currencies are translated into sterling at the date of transfer of funds to the field. The trust holds no monetary assets and liabilities denominated in foreign currencies. Exchange gains and losses are taken to the Statement of Financial Activities.
## **Raggatt Fund**
Funds were originally provided under a separate South African Trust (the Raggatt Trust) to provide the support of long serving missionaries and, on a discretionary basis, assist the alleviation of individual cases of hardship. The trustees of the Raggatt Trust subsequently transferred all assets to Central African Missions and then to CAM International. The income generated from these investments is separately identified and the Raggatt Fund is treated as a restricted fund.
## 2.
## **VOLUNTARY INCOME**
|Gifts and donations
Legacies
Total incoming resources|**Unrestricted**
**Funds**
**£**
**123,747**
**75,598**
**199,345**|**Restricted**
**Funds**
**£**
**284,560**
**-**
**284,560**|**Total**
**31/03/22**
**£**
**408,307**
**75,598**
**483,905**|Total
31/03/21
£
496,340
21,613
517,953|
|---|---|---|---|---|
Page 8
continued...
## **CAM INTERNATIONAL**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE FOR THE YEAR ENDED 31 MARCH 2022**
## 3. **INVESTMENT INCOME**
|**Unrestricted**
**Funds**
**£**
Interest received
**13**
Dividends received
**2,683**
**2,696**
**INCOMING RESOURCES FROM CHARITABLE ACTIVITIES**
**Unrestricted**
**Funds**
**£**
CONTACT magazine
**2,139**
Literature and press
**-**
**2,139**
**CHARITABLE ACTIVITIES**
**Unrestricted**
**Funds**
**£**
Mission field activities
**-**
Donations
**55,697**
Publicity
**11,883**
Staff costs
6
**41,963**
Property costs
**15,664**
Administration costs
**16,525**
Depreciation
**44**
**141,776**
**STAFF COSTS**
**Unrestricted**
**Funds**
**£**
Salaries
**31,473**
Services rendered
**10,105**
Employer’s pension contributions
**385**
**41,963**|**Restricted**
**Funds**
**£**
**-**
**1,500**
**1,500**
**Restricted**
**Funds**
**£**
**-**
**-**
**-**
**Restricted**
**Funds**
**£**
**241,803**
**49,371**
**-**
**-**
**-**
**2,687**
**-**
**293,861**
**Restricted**
**Funds**
**£**
**-**
**-**
**-**
**-**|**Total**
**31/03/22**
**£**
**13**
**4,183**
**4,196**
**Total**
**31/03/22**
**£**
**2,139**
**-**
**2,139**
**Total**
**31/03/22**
**£**
**241,803**
**105,068**
**11,883**
**41,963**
**15,664**
**19,212**
**44**
**435,637**
**Total**
**31/03/22**
**£**
**31,473**
**10,105**
**385**
**41,963**|Total
31/03/21
£
5,970
7,096
13,066
Total
31/03/21
£
1,870
-
1,870
Total
31/03/21
£
375,540
99,675
13,146
45,816
5,937
28,828
489
569,431
Total
31/03/21
£
36,982
8,445
389
45,816|
|---|---|---|---|
## 4.
## 5.
## 6. **STAFF COSTS**
During the period the average number of staff employed by the charity was 2
## 7. **GOVERNANCE COSTS**
||**Unrestricted**|**Restricted**|**Total**|Total|
|---|---|---|---|---|
||**Funds**|**Funds**|**31/03/22**|31/03/21|
||**£**|**£**|**£**|£|
|Independent Examiners fee|**1,500**|**-**|**1,500**|1,500|
Page 9
continued...
## **CAM INTERNATIONAL**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE FOR THE YEAR ENDED 31 MARCH 2022**
## 8. **TANGIBLE FIXED ASSETS**
|**COST**
At 1 April 2021
Additions
At 31 March 2022
**DEPRECIATION**
At 1 April 2021
Charge for period
At 31 March 2022
**NET BOOK VALUE**
**At 31 March 2022**
At 31 March 2021
**TMENTS**
Novia Financial plc
**AT BANK AND IN HAND**
Co-op Bank
Cash|**As at**
**Increase in**
**01/04/19**
**valuation**
**£**
**£**
810,975
17,817
**810,975**
**17,817**|**Freehold**
**property**
**Equipment**
**£**
**£**
**1,500**
**3,364**
**-**
**-**
**1,500**
**3,364**
**-**
**3,214**
**-**
**44**
**-**
**3,258**
**1,500**
**106**
1,500
150
**Income**
**Withdrawal**
**received**
**& charges**
**£**
**£**
4,183
39,435
**4,183**
**39,435**|**Totals**
**£**
**4,864**
**-**
**4,864**
**3,214**
**44**
**3,258**
**1,606**
2,139
**Balance**
**31/03/22**
**£**
**793,540**
**793,540**
**31/03/22**
**£**
**153,776**
**1,508**
**155,284**|
|---|---|---|---|
## 9. **INVESTMENTS**
## 10. **CASH AT BANK AND IN HAND**
## 11. **TRANSACTIONS WITH TRUSTEES AND CONNECTED PARTIES**
The travel expenses to Trustee meetings and the Annual retreat for each trustee have been met out of the general fund. Salaries paid to Trustees and related parties totalled £10,175.
Page 10
continued...
## **CAM INTERNATIONAL**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE FOR THE YEAR ENDED 31 MARCH 2022**
## 12. **RESTRICTED FUNDS**
## 13.
|**As at**
**01/04/21**
**£**
**Creditors (Restricted)**
Missionaries Field accounts
307,528
**Creditors (Restricted)**
Missionaries UK accounts
26,328
**Restricted Funds**
Raggatt Fund
321,164
Centenary Fund
-
321,164
**STRICTED FUNDS**
**As at**
**01/04/21**
**£**
**Unrestricted Funds**
Trustees’ reserves
100,000
Legacies
38,674
**Trustees Designated Funds**
New Fields’ funds
2,779
Candidates’ funds
5,327
Literature & press account
8,001
Plane fund
17,873
Christmas fund
-
Short term funds:
Directors allocation fund
70,065
Africa fund
10,988
Africa travel fund
5,474
Training and monitoring
-
Partnerships
3,501
262,682|**As at**
**01/04/21**
**£**
307,528
26,328|**Income**
**£**
245,827|**Expenses**
**£**
(241,803)
(40,167)|**Transfers**
**£**
-
-|**Changes in**
**Market Value**
**£**
-
-|**Total**
**31/03/22**
**£**
**311,552**|
|---|---|---|---|---|---|---|
|||38,733||||**24,894**|
||321,164
-
321,164|1,500
-
1,500|(11,891)
-
(11,892)|-
-
-|6,390
-
6,390|317,163
**-**|
|||||||**317,163**|
|||**Income**
**£**
70,785
75,598
**-**
-
5
38,265
1,933
10,000
-
-
95
7,500
204,180|**Expenses**
**£**
(109,247)
(21,096)
**-**
**-**
**-**
**-**
(1,925)
(4,000)
-
(852)
(156)
(6,000)
(143,276)|Decrease in funds
Represented by:
Unrealised gains
Realised loss
**Transfers**
**£**
**Changes in**
**Market Value**
**£**
27,037
11,425
-
-
-
-
-
-
-
-
-
-
-
-
(27,037)
-
-
-
-
-
-
-
-
-
-
11,425|||
|||||||(1,411)|
|||||||6,390
(7,801)
**(1,411)**
**Total**
**31/03/22**
**£**
**100,000**
**93,176**
**2,779**
**5,327**
**8,006**
**56,138**
**7**
**49,028**
**10,988**
**4,622**
**(61)**
**5,001**|
|||||||**335,011**|
|||||Increase in funds:
Represented by:
Unrealised gains
Realised gain|||
|||||||72,329|
|||||||11,425
60,904
**72,329**|
## **UNRESTRICTED FUNDS**
Page 11
## **CAM INTERNATIONAL**
## **DETAILED INCOME AND EXPENDITURE ACCOUNT FOR THE FOR THE YEAR ENDED 31 MARCH 2022**
|**Restricted Income – Missionary income**
Donations and gift aid
Investment income received
Overseas missionary field activities
Donations
Expenses
**Unrestricted income – UK activities**
Donations and gift aid
Sales of Contact Magazine
Investment income received
**Direct Expenditure**
Cost of the sales of Contact Magazine
Donations
**Administration costs**
Staff costs
Rates
Light, heat and utilities
Insurance
Repairs and renewals
Missionary and trustees overseas costs
Office travel expenses
Publicity costs
Missionary insurance
Trustee UK travel expenditure
Postage and stationery
Telephone and internet
Subscriptions
Accountancy
Professional fees
Sundry expenses
**Finance costs**
Bank charges
Investment charges
**Depreciation**
Fixtures and fittings
**NET SURPLUS / (DEFICIT)**||**2022**
**£**
**284,560**
**1,500**
**286,060**
**(241,803)**
**(49,371)**
**(2,687)**
**293,861**
**199,345**
**2,139**
**2,696**
**204,180**
**11,068**
**55,697**
**41,963**
**333**
**2,427**
**1,093**
**11,811**
**-**
**34**
**815**
**3,793**
**-**
**511**
**1,816**
**2,702**
**1,500**
**1,848**
**53**
**393**
**5,375**
**44**
**143,276**|**£**
**(7,801)**
**60,904**
**53,103**|2021
£
450,616
4,549
455,165
(375,540)
(45,372)
**-**
420,912
67,337
1,870
8,517
77,724
12,476
54,303
45,816
333
3,446
1,390
768
11,369
135
670
3,333
266
796
2,007
2,788
1,500
-
384
184
7,566
489
150,019|£
34,253
(72,295)
(38,042)|
|---|---|---|---|---|---|
|||||||
Page 12
```
Signatures' technical details
```
## **`Signatures`**
```
camafrica355@gmail.com
```
```
camafrica355@gmail.comFingerprint
11/11/2022, 16:10:46 GMT35cd95d6274fc781d8e7408c5e049f5c8ee9a56e
Signature
Andrew C Ramsey
```
## **`Event log`**
```
10.50.10.12711/11/2022, 16:01:03 GMT
Signing request created.
System11/11/2022, 16:01:05 GMT
Notification sent to camafrica355@gmail.com.
System11/11/2022, 16:10:01 GMT
Signing page opened by signee camafrica355@gmail.com.
System11/11/2022, 16:10:46 GMT
Signee camafrica355@gmail.com signed document.
System11/11/2022, 16:10:46 GMT
Signing process completed.
```
## **`Summary`**
```
Envelope's ID:94plfj03
Document's hash:73812562ff318bcd6be1aa49b2a50265dfe9af7be2720b660b985d465b53a8d5
Final stamp:11/11/2022, 16:10:48 GMT
```
```
Verification QR Code
```