2022-06-30-accounts - The Jerusalem And The Middle East Church Association

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						2022	2021
				Unrestricted	Restricted	Total	Total
				funds	funds	funds	funds
			Notes	f	E	E	E
INCOME AND ENDOWMENTS	FROM
Donations and legacies				17,854	125,789	143,643	75,092
Investment income				75,996	63,675	139,671	135,010
Total				93,850	189,464	283,314	210,102
EXPENDITURE ON
Raising funds				8,966	682	9,648	12,759
Charitable activities
Support for the work ofthe Episcopal Church		in
Jerusalem and the Middle East
Diocese ofJerusalem
				154,025	63,983	218,008	218,059
Diocese of Cyprus and the Gulf				84,356	10,465	94,821	192,519
Province ofAlexandria				127,503	17,271	144,774	219,613
Diocese of Iran				(18,825)	(356)	(19,181)
Total				356,025	92,045	448,070	642,950
Net gains/(losses) on investments				(13,394)	(76,072)	(89,466)	528,652
NET INCOME/(EXPENDITURE)				(275,569)	21,347	(254,222)	95,804
Transfers between funds			15	(23,075)	23,075
Net movement in funds				(298,644)	44,422	(254,222)	95,804
RECONCILIATION OF FUNDS
Total funds brought forward				2,528,228	2,741,225	5,269,453	5,173,649
TOTAL FUNDS CARRIED FORWARD				2,229,584	2,785,647	5,015,231	5,269,453

DONATIONS AND LEGACIES
	2022	2021
	f	f
Donations	139,568	43,837
Legacies	1,500	31,255
Grants	2,575
	143,643	75,092

INVEST	MENT INCOME
		2022	2021
		f	f
Income	from listed investments	138,887	133,326
Deposit	account interest	784	1,684
		139,671	135,010

Raising	donations	an	d legacies
							2022	2021
							f	f
Website	expenses						414	555
Magazine costs							8,509	8,622
Fundraising expenses							147	392
Depreciation							578	3,190
							9,648	12,759
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
						196,642	21,366	218,008
Diocese	of Cyprus	and the Gulf				88,048	6,773	94,821
Province	of Alexandria					134,857	9,917	144,774
Diocese	of Iran					(19,181)		(19,181)
						400,366	38,056	438,422
GRANTS PAYABLE
							2022	2021
							f	f
Support	for the work		of the Episcopal	Church	in Jerusalem	and the Middle East
Diocese	ofJerusalem
							196,642	199,894
Diocese	of Cyprus	and the Gulf					88,048	181,714
Province of Alexandria							134,857	210,550
Diocese	of Iran						(19,181)
							400,366	592,158

				From
			From general	earmarked	From
			donations &	donations &	investment	Total costs
			legacies	legacies	income	2022	2022
			f	f	f	f	Og'
Diocese	ofJerusalem		6,334	23,984	166,324	196,642	46.87
Diocese	of Cyprus	and the Gulf	6,333	882	80,833	88,048	20.99
Province	ofAlexandria		6,333	4,206	124,318	134,857	32.14
Diocese	oflran						0.00
			19,000	29,072	371,475	419,547	100.00

COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
				Unrestricted	Restricted	Total
				funds	funds	funds
				E	E	E
INCOME AND ENDOWMENTS	FROM
Donations and legacies				20,514	54,578	75,092
Investment income				74,687	60,323	135,010
Total				95,201	114,901	210,102
EXPENDITURE ON
Raising funds				9,235	3,524	12,759
Charitable activities
Support for the work ofthe Episcopal		Church	in
Jerusalem and the Middle East
Diocese ofJerusalem
				124,135	93,924	218,059
Diocese of Cyprus and the Gulf				174,046	18,473	192,519
Province ofAlexandria				132,756	86,857	219,613
Total				440,172	202,778	642,950
Net gains on investments				285,174	243,478	528,652
NET INCOME/(EXPENDITURE)				(59,797)	155,601	95,804

COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued	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
RECONCILIATION OF	FUNDS
Total funds brought	forward	2,588,024	2,585,625	5,173,649
TOTAL FUNDS CARRIED FORWARD		2,528,227	2,741,226	5,269,453
TANGIBLE FIXEDASSETS
				Website
				f
COST
At 1st July 2021 and	30th June 2022			9,670
DEPRECIATION
At 1st July 2021				9,092
Charge for year				578
At 30th June 2022				9,670
NET BOOK VALUE
At 30th June 2022
At 30th June 2021				578

FIXEDASSET INVE	STMEN	TS
				Listed
				investments
				f
MARKET VALUE
At 1st July 2021				4,468,163
Additions				766,818
Disposals				(220,000)
Revaluations				(76,194)
Surplus on disposal				(13,272)
At 30th June 2022				4,925,515
NET BOOK VALUE
At 30th June 2022				4,925,515
At 30th June 2021				4,468,163
There were no investment		assets outside the UK.
Cost or valuation	at 30th	June 2022 is represented	by:

					Listed
					investments
					f
Valuat ion in 2022					4,925,515
The historical	cost of fixed asset investments		was f3,623,001(2021:f3,002,132).
DEBTORS:AMOUNTS		FALLING DUE WITHIN	ONE YEAR
				2022	2021
				f	f
Other debtors				4,134	1,777
The Jerusalem	and the East Mission Trust Limited			254,641	383,361
Prepayments	and accrued income			33,644	33,394
				292,419	418,532

14.	CREDITORS: AMOUNTS	CREDITORS: AMOUNTS	CREDITORS: AMOUNTS	FALLING	DUE WITHIN ONE YEAR	DUE WITHIN ONE YEAR
								2022	2021
								f	f
	Other creditors							4,285
	Grants payable							258,375	280,348
	Accruals and deferred		income					5,800	57,239
								268,460	337,587
15.	MOVEMENT IN FUNDS
							Net	Transfers
							movement	between	At
						At 1.7.21	in funds	funds	30.6.22
						f	f	f	f
	Unrestricted funds
	General fund					(4,567)	(4,362)		(8,929)
	General Ministry					1,207,866	(185,889)	(6,925)	1,015,052
	Legacy reserve					575,719	(81,167)	(14,550)	480,002
	Phillips g. Cane					307,418	(7,805)		299,613
	A BJones discretionary			fund		263,324	2,329	(1,600)	264,053
	Small funds not detailed					178,468	1,325		179,793
						2,528,228	(275,569)	(23,075)	2,229,584
	Restricted funds
	Jerusalem Girls College/Worsley				fund	900,054	(25,215)		874,839
	Moore-Steele					647,830	(22,137)		625,693
	Graham Brown/Phillips					266,553	(1,500)		265,053
	Holy Trinity Church,	Algiers				674,573	(20,490)		654,083
	Small funds not detailed					252,215	(1,934)	(356)	249,925
	Diocese of Iran						92,593	13,431	106,024
	Province of Alexandria						30	10,000	10,030
						2,741,225	21,347	23,075	2,785,647
	TOTAL FUNDS					5,269,453	(254,222)		5,015,231

				Incoming	Resources	Gains and	Movement
				resources	expended	losses	in funds
				E	E	E	f
Unrestricted funds
General fund				17,853	(22,215)		(4,362)
General Ministry				36,304	(206,218)	(15,975)	(185,889)
Legacy reserve				16,568	(102,067)	4,332	(81,167)
Phillips R Cane				9,387	(14,802)	(2,390)	(7,805)
A BJones discretionary		fund		8,454	(6,592)	467	2,329
Small funds not detailed				5,284	(4,131)	172	1,325
				93,850	(356,025)	(13,394)	(275,569)
Restricted funds
Jerusalem Girls College/Worsley			fund	26,669	(25,672)	(26,212)	(25,215)
Moore-Steel e				18,818	(18,075)	(22,880)	(22,137)
Graham Brown/Phillips				8,325	(8,066)	(1,759)	(1,500)
Holy Trinity Church,	Algiers			1,771	(4,845)	(17,416)	(20,490)
Small funds not detailed				36,634	(35,387)	(3,181)	(1,934)
Diocese of Iran				97,217		(4,624)	92,593
Province ofAlexandria				30			30
				189,464	(92,045)	(76,072)	21,347
TOTAL FUNDS				283,314	(448,070)	(89,466)	(254,222)

					Net
					movement	At
				At 1.7.20	in funds	30.6.21
				E	E	E
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 5Cane				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

				Incoming	Resources	Gains and	Movement
				resources	expended	losses	in funds
				f	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

			2022	2021
			f	f
INCOME AND ENDOWMENTS
Donations and legacies
Donations			139,568	43,837
Legacies			1,500	31,255
Grants			2,575
			143,643	75,092
Investment income
Income from listed	investments		138,887	133,326
Deposit account interest			784	1,684
			139,671	135,010
Total incoming resources			283,314	210,102
EXPENDITURE
Raising donations	and legacies
Website expenses			414	555
Magazine costs			8,509	8,622
Fundraising expenses			147	392
Depreciation ofcomputer		equipment	578	3,190
			9,648	12,759
Charitable activities
Grants			400,366	592,158
Support costs
Management
Service charge			38,056	38,033
Total resources expended			448,070	642,950
Net expenditure			(164,756)	(432,848)