2021-06-30-accounts - The Jerusalem And The Middle East Church Association

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							2021	2020
					Unrestricted	Restricted	Total	Total
					funds	funds	funds	funds
				Notes	E	E	E	E
INCOME AND ENDOWMENTS		FROM
Donations and legacies					20,514	54,578	75,092	48,284
Investment income					74,687	60,323	135,010	150,595
Total					95,201	114,901	210,102	198,879
EXPENDITURE ON
Raising funds					9,234	3,525	12,759	12,699
Charitable activities
Support for the work	ofthe Episcopal Church		in
Jerusalem and the Middle East
Diocese ofJerusalem
					124,135	93,924	218,059	82,483
Diocese of Cyprus and the Gulf					174,046	18,473	192,519	41,502
Province ofAlexandria					132,756	86,857	219,613	350,529
Diocese of Iran								28,166
Total					440,171	202,779	642,950	515,379
Net gains on investments					285,174	243,478	528,652	98,530
NET INCOME/(EXPENDITURE)					(59,796)	155,600	95,804	(217,970)
RECONCILIATION OF	FUNDS
Total funds brought	forward				2,588,024	2,585,625	5,173,649	5,391,619
TOTAL FUNDS CARRIED FORWARD					2,528,228	2,741,225	5,269,453	5,173,649

				2021	2020
		Unrestricted	Restricted	Total	Total
		funds	funds	funds	funds
	Notes	E	E	E	f
FIXEDASSETS
Tangible assets	11		578	578	3,768
Investments	12	2,433,501	2,034,662	4,468,163	4,305,076
		2,433,501	2,035,240	4,468,741	4,308,844
CURRENT ASSETS
Debtors	13	300,017	118,515	418,532	160,930
Cash at bank		28,759	691,008	719,767	793,184
		328,776	809,523	1,138,299	954,114
CREDITORS
Amounts falling due within one year	14	(234,049)	(103,538)	(337,587)	(89,309)
NET CURRENT ASSETS		94,727	705,985	800,712	864,805
TOTAL ASSETS LESSCURRENT LIABILITIES		2,528,228	2,741,225	5,269,453	5,173,649
NET ASSETS		2,528,228	2,741,225	5,269,453	5,173,649
FUNDS	15
Unrestricted funds				2,528,228	2,588,024
Restricted funds				2,741,225	2,585,625
TOTAL FUNDS				5,269,453	5,173,649

DONATIONS AND LEGACIES
	2021	2020
	E	E
Donations	43,837	48,284
Legacies	31,255
	75,092	48,284
INVESTMENT INCOME
	2021	2020
	E	f
Income from listed investments	133,326	143,581
Deposit account interest	1,684	7,014
	135,010	150,595

4.	RAISING FUNDS
	Raising donations	and legacies
						2021	2020
						f	E
	Website expenses					555	1,859
	Magazine costs					8,622	7,628
	Fundraising expenses					392	22
	Depreciation					3,190	3,190
						12,759	12,699
5.	CHARITABLE ACTIVITIES COSTS
					Grant
					funding of
					activities	Support
					(see note	costs (see
					6) f	note 7) f	Totals f
	Support for the work		ofthe Episcopal
	Church in Jerusalem		and the Middle East
	Diocese ofJerusalem
					199,894	18,165	218,059
	Diocese of Cyprus	and the Gulf			181,714	10,805	192,519
	Province ofAlexandria				210,550	9,063	219,613
					592,158	38,033	630,191
6.	GRANTS PAYABLE
						2021	2020
						f	E
	Support for the work		ofthe Episcopal Church	in Jerusalem	and the Middle East
	Diocese ofJerusalem
						199,894	66,930
	Diocese of Cyprus	and the Gulf				181,714	33,463
	Province ofAlexandria					210,550	339,396
	Diocese of Iran						22,706
						592,158	462,495

			From
		From general	earmarked	From
		donations &	donations &	investment	Total costs
		legacies	legacies	income	2021	2021
		f	f	f	f	0/'
Diocese	ofJerusalem	5,000	29,237	165,657	199,894	33.75
Diocese	of Cyprus and the Gulf	5,000	11,648	165,066	181,714	30.69
Province	ofAlexandria	5,000	78,826	126,724	210,550	35.56
Diocese	of Iran					0.00
		15,000	119,711	457,447	592,158	100.00

COMPARA	TIVES FOR THE STA	TEMENT OF FINANCIAL A	CTIVITIES
			Unrestricted	Restricted	Total
			funds	funds	funds
			f	E	f
INCOME AND ENDOWMENTS		FROM
Donations	and legacies		21,922	26,362	48,284
Investment	income		85,666	64,929	150,595
Total			107,588	91,291	198,879
EXPENDITURE ON
Raising funds			9,177	3,522	12,699

COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
	Unrestricted	Restricted	Total
	funds	funds	funds
	f	f	f
Charitable activities
Support for the work ofthe Episcopal Church	in
Jerusalem and the Middle East
Diocese ofJerusalem
	28,688	53,795	82,483
Diocese of Cyprus and the Gulf	33,973	7,529	41,502
Province ofAlexandria	26,513	324,016	350,529
Diocese of Iran	23,405	4,761	28,166
Total	121,756	393,623	515,379
Net gains on investments	49,229	49,301	98,530
NET INCOME/(EXPENDITURE)	35,061	(253,031)	(217,970)
RECONCILIATION OF FUNDS
Total funds brought forward	2,552,964	2,838,655	5,391,619
TOTAL FUNDS CARRIED FORWARD	2,588,025	2,585,624	5,173,649
TANGIBLE FIXEDASSETS
			Website
			f
COST
At 1st July 2020 and 30th June 2021			9,670
DEPRECIATION
At 1stJuly 2020			5,902
Charge for year			3,190
At 30th June 2021			9,092
NET BOOK VALUE
At 30th June 2021			578
At 30th June 2020			3,768

FIXEDASSET INVESTMENTS	FIXEDASSET INVESTMENTS	FIXEDASSET INVESTMENTS
				Listed
				investments
				f
MARKET VALUE
At 1st July 2020				4,305,076
Disposals				(365,566)
Revaluations				517,072
Gains on disposal				11,581
At 30th June 2021				4,468,163
NET BOOK VALUE
At 30th June 2021				4,468,163
At 30th June 2020				4,305,076
There were no investment		assets outside the UK.
Cost or valuation	at 30th	June 2021 is represented	by:

						Listed
						investments
						f
	Valuation in 2021					4,468,163
	The historical	cost offixed asset investments		was f3,002,132(2020:f3,252,454).
13.	DEBTORS:AMOUNTS		FALLING DUE WITHIN	ONE YEAR
					2021	2020
					f	f
	Other debtors				1,777	3,223
	The Jerusalem	and the East Mission Trust Limited			383,361	123,091
	Prepayments	and accrued income			33,394	34,616
					418,532	160,930

14.	CREDITORS: AMOUNTS	CREDITORS: AMOUNTS	FALLING	DUE WITHIN ONE YEAR
						2021	2020
						f	f
	Grants payable					280,348	50,909
	Accruals and deferred	income				57,239	38,400
						337,587	89,309
15.	MOVEMENT IN FUNDS
						Net
						movement	At
					At 1.7.20	in funds	30.6.21
					f	f	f
	Unrestricted funds
	General fund				(847)	(3,720)	(4,567)
	General Ministry				1,069,749	138,117	1,207,866
	Legacy reserve				860,096	(284,377)	575,719
	Phillips R Cane				267,193	40,225	307,418
	A BJones discretionary		fund		234,246	29,078	263,324
	Small funds not detailed				157,587	20,881	178,468
					2,588,024	(59,796)	2,528,228
	Restricted funds
	Jerusalem Girls College/Worsley			fund	792,564	107,490	900,054
	Moore-Steele				569,199	78,631	647,830
	Graham Brown/Phillips				236,094	30,459	266,553
	Holy Trinity Church, Algiers				739,795	(65,222)	674,573
	Small funds not detailed				247,973	4,242	252,215
					2,585,625	155,600	2,741,225
	TOTAL FUNDS				5,173,649	95,804	5,269,453

Net movement	in funds,	included	in the above	are as follows:
				Incoming	Resources	Gains and	Movement
				resources	expended	losses	in funds
				E	f	f	f
Unrestricted funds
General fund				20,515	(24,235)		(3,720)
General Ministry				35,941	(35,474)	137,650	138,117
Legacy reserve				16,549	(368,119)	67,193	(284,377)
Phillips R Cane				9,021	(2,487)	33,691	40,225
A BJones discretionary		fund		8,119	(7,775)	28,734	29,078
Small funds not	detailed			5,056	(2,081)	17,906	20,881
				95,201	(440,171)	285,174	(59,796)
Restricted funds
Jerusalem Girls	College/Worsley		fund	25,716	(25,724)	107,498	107,490
Moore-Steele				18,104	(18,140)	78,667	78,631
Graham Brown/Phillips				7,999	(7,197)	29,657	30,459
Holy Trinity Church, Algiers				1,346	(66,568)		(65,222)
Small funds not	detailed			61,736	(85,150)	27,656	4,242
				114,901	(202,779)	243,478	155,600
TOTAL FUNDS				210,102	(642,950)	528,652	95,804

					Net	Transfers
					movement	between	At
				At 1.7.19	in funds	funds	30.6.20
				f	f	E	E
Unrestricted funds
General fund				(590)	(10,257)	10,000	(847)
General Ministry				1,049,004	20,745		1,069,749
Legacy reserve				852,589	17,507	(10,000)	860,096
Phillips & Cane				263,122	4,071		267,193
A BJones discretionary		fund		231,319	2,927		234,246
Small funds not detailed				157,520	67		157,587
				2,552,964	35,060		2,588,024
Restricted funds
Jerusalem Girls College/Worsley			fund	770,428	22,136		792,564
Moore-Steele				551,508	17,691		569,199
Graham Brown/Phillips				232,182	3,912		236,094
Holy Trinity Church,	Algiers			1,039,481	(299,686)		739,795
Small funds not detailed				245,056	2,917		247,973
				2,838,655	(253,030)		2,585,625
TOTAL FUNDS				5,391,619	(217,970)		5,173,649

MOVEMENT IN FUNDS	MOVEMENT IN FUNDS	- continued	- continued	- continued
Comparative net movement			in	funds, included	in the above are as follows:
					Incoming	Resources	Gains and	Movement
					resources	expended	losses	in funds
					E	E	f	E
Unrestricted funds
General fund					21,920	(32,177)		(10,257)
General Ministry					36,006	(36,807)	21,546	20,745
Legacy reserve					27,155	(27,504)	17,856	17,507
Phillips 5Cane					9,084	(9,781)	4,768	4,071
A BJones discretionary		fund			8,240	(8,401)	3,088	2,927
Small funds not detailed					5,183	(7,087)	1,971	67
					107,588	(121,757)	49,229	35,060
Restricted funds
Jerusalem Girls College/Worsley				fund	25,489	(25,817)	22,464	22,136
Moore-Steele					17,724	(17,915)	17,882	17,691
Graham Brown/Phillips					8,062	(8,212)	4,062	3,912
Holy Trinity Church,	Algiers				5,946	(305,632)		(299,686)
Small funds not detailed					34,070	(36,046)	4,893	2,917
					91,291	(393,622)	49,301	(253,030)
TOTAL FUNDS					198,879	(515,379)	98,530	(217,970)

			2021	2020
			E	f
INCOME AND ENDOWMENTS
Donations and legacies
Donations			43,837	48,284
Legacies			31,255
			75,092	48,284
Investment income
Income from listed	investments		133,326	143,581
Deposit account interest			1,684	7,014
			135,010	150,595
Total incoming resources			210,102	198,879
EXPENDITURE
Raising donations	and legacies
Website expenses			555	1,859
Magazine costs			8,622	7,628
Fundraising expenses			392	22
Depreciation ofcomputer		equipment	3,190	3,190
			12,759	12,699
Charitable activities
Grants			592,158	462,495
Support costs
Management
Service charge			38,033	40,185
Total resources expended			642,950	515,379
Net expenditure			(432,848)	(316,500)