|Charity|informatio|informatio|n|||||||| |---|---|---|---|---|---|---|---|---|---|---| |Company|Nou||00193144|||||||| |Registered||Charity No:|1164474|||||||| |Principal address|||251 Lewisharn
Way, London||SE4 IXF|||||| |President|||Mr. David
Mills MBE|||||||| |Mission Director|||Mr John McLernon|||||||| |Trustees|||Rev. Neil Barber||(resigned||21 May 2020)|||| ||||Mrs. Sue Bennett||(Deceased)|||||| ||||Rev. Stephen Boon|||||||| ||||Rev. Alastair Donaldson|||||||| ||||Rev. John Hamilton||Chairman|||||| ||||Rev. Timothy Houghton|||||||| ||||Ms.
Deborah
Kelly|||||||| ||||Rev. Les Jesudason|||||||| ||||Mrs. Alison
Miller|||||||| ||||Rev. Philip Parker||(resigned||17June 2021)|||| ||||Miss Alex Weston|||||||| ||||lVlr.
Nick Winther||Treasurer|||||| |General Synod|||Rev. Mark Lucas||General|Synod||representative||Co-opted| |The Mission||Director and|General Synod representative|are non-voting|||members ofthe Board ofTrustees. Other senior|||| |staff present||by invitation.||||||||| |Bankers|||Lloyds TSBBank Pic. I Butler||Place, PO|Box 132Coxton Street,||||London SWI H OPR| ||||Allied
Irish Bank, 40-42 Ranelagh,
Dublin||||6 Republic of Ireland|||| ||||Danske Bank, Donegall Square
North,|||Belfast.||Northern|Ireland|| |Independent||Auditor|Mazars
LLP, 2» Floor, 6Sutton Plaza. Sutton Court Road,||||||Suffon SMI 4FS|| |Solicitors|||Lewis Sr Dick, 443 Kingston|Road Ewell,||Surrey||KTI9 ODG||| |Investment||Manager|Brewin Dolphin Secunties|Limited,
12Smithfield||||Street, London
EC IA 9BD||| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||||2020|2019| |---|---|---|---|---|---|---|---| ||||Notes|Unrestricted|Restricted|Total|Total| |||||||8|s| |Income|||||||| |Donations and legaaes||||3,129,336|397,501|3,526.837|4.028,272| |Investment
incame||||10,849|905|11,754|13,653| |Other income||||57,524||57,524|217,222| |Total Income||||3,197,709|398,406|3,596,115|4,259,147| |Expenditure|||||||| |Cost of Raising Funds||||140,799||140,799|154,435| |Charitable
activities||||3,034,235|419,751|3.453.986|3,759.855| |Total Expenditure||||3,175,034|419,751|3,594,785|3,914,290| |Operating
Surplus/(Deficit)||||22,675|(21,3415)|1.330|344,857| |Net gains on investments|||10|78.871|8,660|87,531|55,741| |Transfers|||||||| |Transfers between
funds||||(I 1,690)|11.690||| |Net Movemenl
in funds aser||transfers||89,856|(995)|88,861|400.598| |Gains on revaluation
of properly asset||||777,856||777,856|| |Gain on revaluation
on investment|||||||| |property|||||||I23,543| |Actuarial
loss on defined|benefit||||||| |pension scheme|||14|(92,051)||(92,051)|(107,051)| |Actuarial
gain on unfunded||pension|||||| |scheme|||14|14,924||14,924|62,586| |Net Movement
of funds||||790,585|(995)|789,590|479,676| |Reconciliation
ot funds|||||||| |Total funds brought
forward|||15, 16|1,500,001|418,255|1,918,256|1,438.580| |Total funds earned forward|||15, 16|2,290,586|417,260|2,707,846|1.918,256| ## |Balance|sheet|a|t 31 December 2|020||||| |---|---|---|---|---|---|---|---|---| |||||Notes|2020||2019|| |Fixed assets||||||||| |Tangible
fixed assets|||||2,566,900||1,822,034|| |Investments||||10|1,013,472||921,872|| |||||||3,580,372||2,743,906| |Current assets||||||||| |Debtors||||ll|332,270||380,171|| |Investments||||12|484,974||493,514|| |Cash at bank & In hand||||21|234.549||458.675|| ||||||1,051,793||1,332,360|| |Creditors-|Amounts|falling due within one year||13|(106,319)||(177,710)|| |Net current|Assets|||||945,474||1,154,650| |Total assets|less current||liabilities|||4.525.846||3,898,556| |Creditors failing due||after more than one year||||||| |Provision for Unfunded|||Pension|14||(741,000)||(811,300)| |Provision for C of 5scheme||||14||(1,077,000)||(1,169,000)| |Net assets||||||2,707,846||1,918,256| |Funds||||||||| |Restricted||||15||417,260||418,255| |Unrestncted||||16||2,290,586||1,500.001| |||||||2,707,846||1,918.256| ## |Statement ofca|s|h flows for the year|h flows for the year|ended 31|December|2020|| |---|---|---|---|---|---|---|---| |||Notes||2020||2019|| |||||5|||| |Net cash (outflow)/inflow
operating
activities||from|20||(236,559)||109,333| |Returns on investments|and servicing of||||||| |finance|||||||| |Investment
Income||||11,754||13,653|| |Net cash inflow from returns on investments
servicing offinance|||&||11,754||13,653| |Capital expenditure
&financial|||||||| |investment|||||||| |Disposal of investments||||76.444||348,568|| |Disposal of fixed Assets||||||161,992|| |Revaluation
ofInvestment||Asset||8,540|||| |Movement
in Cash||||393.145|||| |Purchase of fixed assets||||(3,792)||(9,819)|| |Purchase of investments||||(473,658)||(325,049)|| |Cash (outflow)/inflow
for
&financial
investment||capital expenditure|||679||175,692| |(Decrease)/Increase
in|cash||21||(224,126)||298,678| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||Unrestricted|Restricted|2020|2019| |---|---|---|---|---|---|---| ||||||Total|Total| ||||||s|s| |Donations|from|Individuals|1,709,607|218,053|1,927,660|2,244,237| |Donations|from|Churches|958,715|163,448|1,122,163|1,145,424| |Legacies|||286,039||286,039|283,798| |Donations|from|Trusts|174,975|16,000|190,975|354,813| ||||3,129,336|397,501|3,526,837|4,028,272| ## |for|the
ear ended|31|Decem|ber 2020 Contin|ued|||| |---|---|---|---|---|---|---|---|---| |3|Investment
Income|||||||| |||||Unrestricted|Restricted||2020|2019| ||||||||Total|Total| ||||||||s|s| ||Rental income|||||||6,439| ||IJKStnr k Exr:.hange|dividends||ITI,849||905|11,754|7,214| ||Interest received on cash held as|||||||| ||part of investment|porlfolio||||||| |||||10,849||905|11,754|13,653| |4|Costs ot raising funds|||||||| |||||Mission|||2020|2019| |||||Partnership||Ireland||| |||||Team||||| ||||||||Total|Total| |||||||||s| ||Salaries and pension|||88261||38,189|I26,450|129,489| ||Mission Travel|||592||7|599|7,101| ||Magazines
&literature|||I2,624||666|I3,290|15,280| ||Other costs|||433||27|460|2,565| |||||10'1,910||38.889|140.799|154,435| ||The above costs are an||estimate|of the contribution
the|Mission|Partnerships|team and the Ireland team|| ||makes to the raising of funds and|||isa percentage
ofthese|two teams' costs.|||| |5|Charitable
activities|||||||| ||||||Admin costs||2020|2019| |||||Direct costs|(Note 7)||Total|Total| |||||s||s|s|s| ||Mission Partners and Associates|||2.271,767||129,229|2,400,996|2.600,771| ||Short-term
programmes||(Teams &|||||| ||Individuals),
camps|||131,'149||7,460|138,609|I24,031| ||Projects and grants(Note||6)|203,428||11,572|215,000|254,031| ||Study Partners and|SBT's||93,201||5,302|98.503|117,869| ||Building
Partnerships|||568,536||32,342|600,878|663,153| |||||3,268,081||185,905|3,453,986|3,759,855| ## ## |Permanent|Projects|||| |---|---|---|---|---| |Ethiopia||Nekemte|school for the deaf|37,262| |France/Belgium/Germany||Interaction||12,985| |Gambia||Gambia|Smile House|3,021| |||||53,268| ## |Crosslinks|Indigenous|Projects|(Grants)|||| |---|---|---|---|---|---|---| |Latvia|||Pardaugava,
reformed|Church||24,719| |Serbia|||Project Timothy|||17,719| |Rwanda|||Discipling the Next Generation|||16,794| |Kenya|||Gracepoint
Youth Worker|||15,214| |Kenya|||Marsabit
Youth Worker|||11,373| |Nigeria|||Abuja Bible College|||10,436| |India|||Education
for Liberation|||10,207| |Cuba|||Equipo Impacto|||7,894| |Chile|||ICR Vitacura
Replant|||6,849| |Zambia|||Proclamation
Institute Zambia|||6,794| |Pakistan|||Zarepath
Bible College|||5,246| |Kenya|||IServe Africa|||4,371| |Ethiopia|||Indigenous
Evangelism|and|Renewal|3,391| |Chile|||Ceron, Cnstobal|||2,847| |Nigeria|||Iwuagwu,
Ezech|||2,103| |||||||145,957| ||||Others|||3,347| |||||||202,572| ||||||202,572| |---|---|---|---|---|---| |(In addition to the support of Mission Partners and Associate|||Mission Partners, the following||payments
were| |made
in 2020 for project activities|listed below, all covered by designated|||income.|| |Associate Mission Partners Projects|||||| |South Africa|Buchanan,
Hope Church||||50,746| |Thailand|Hume. The Centre||||7,373| ||||||58,119| |Mission Partners Projects|||||E| |Italy|Oden, Gospel Worker||||29,510| |Gambia|Algeo, Bible School Building||||27,417| |Ethiopia|Maunsell, Hazel Literature||Ministry||23,713| |Argentina|Walker, Jony and Jenny Bertin||||16,108| |Italy|Aranzulia,
Project Fund||||11,046| |Sweden|Watson, Equiped Sweden||||10,299| |Kenya|Mahiani —StJulians||||7,535| |Gambia|Algeo —Sow Student|Fund|||6,656| |SE Asia|Watkinson
SBTSupport Fund||||5.105| |Uganda|~owles, UMS Ministry||||5.065| |Kenya|Mwangi —TransformD||||3,819| |Uganda|Howles,
UMS Building||||3,219| |South Africa|Williamson,
Hillbrow Gospel Worker||||2,816| ||||||152,308| |Schools ot Biblical Training|||||| |Uganda|Uganda
UMS||||8,968| ||||||8,968| |BEST|||||| |Kenya|Kimani, Peter Njoroge|SP|||9,027| |Kenya|Cyprian,
Patrick Bundi||||6,995| |Tanzania|Danford,
Emanuel||||5,186| |Moldova|Chisari. Mihai||||3,794| ## ||Zambia|||||Mbewe, Naomi|||||||||3,748| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| ||DR Congo|||||Mbolela, Michee|||||||||2,813| ||Zimbabwe|||||Chipurupuru.
Wilma|||||||||2,527| ||Zambia|||||Hanjalika,
Clemore|||||||||2,452| ||Suulli
Airl&|u||||Mgwebi,
Mlliulliuzeli|||SP||||||2,423| ||South Africa|||||Mhlenti,
Mziwanele|||||||||2,388| ||South Africa|||||Mlambo,
Nkosingiphile|||||||||2,212| ||Namibia|||||Olles, Wilko|||||||||2,212| ||South Africa|||||Sims, Quentin|||||||||2,212| ||South Africa|||||Kleinhans,
David|||||||||2,212| ||Zambia|||||Mumbl, Cecilia|SP||||||||2,2 i0| ||Togo|||||Gmabe, Daniel|SP||||||||2,192| ||Kenya|||||Wathituni.
Benjamin|||Kibara||||||2,182| ||Argentina|||||Tolley, Jacqueline||SP|||||||2,122| ||Chile|||||Aguilera,
Pablo|||||||||2.035| ||Chile|||||Perez. Cristian|||||||||2,011| ||Tanzania|||||Chandugu,
Rehema|||SP||||||1,994| ||Kenya|||||Nyongesa,
Fidel|||||||||1.692| ||South Africa|||||Yiege, David|||||||||1,527| ||Rwanda|||||Manirafasha.
Innocent||||SP|||||1,520| ||Hungary|||||Toth, Krisztian|||||||||1,132| ||Tanzania|||||Kasyome, Zerida|||||||||1,128| ||||||||||||||||71,946| ||Others||||||||||||||| ||Payments|of|BI000 or less||||||||||||9,676| ||||||||||||||||301,017| |7|Administration||costs allocation||||||||||||| |||||||Mission|||||Mission|Irel|and|2020|2019| |||||||Personnel|The|Hub|||Partnership|Te|am|Admin|Admin| |||||||Team|||||Team|||Costs|Costs| ||||||||||||s|||s|s| ||Salaries and||pensions|||294,996|196,174||||220,652|190,947||902,769|992,825| ||Office expenses|||&other costs||7,779|177,135||||2,562|13,505||200,981|217,679| ||Governance||Costs||||12,647|||||||12,647|18,815| ||Communication|||costs|||||||31,560||37|31,597|41,783| ||Total Expenditure||||by Teams|302,775|385,956||||254,774|204,489||1,147,994|1,271,102| ||Less: Costs|of raising funds|||||||||||||| ||(Note 4)||||||||||(101,910)|(38.889)||(140.799)|(154,435)| ||Less Costs|relating|||to Building||||||||||| ||Partnerships|||||(242,220)|(77,191)||||(127,387)|(121,737)||(568,536)|(624,449)| ||Less Central||Support Fees||||(252,755)|||||||(252,755)|(272,779)| ||Total Administration||||Costs|60,555|56,010||||25,477|43,862||185,905|219,439| |aft costs||||||| |---|---|---|---|---|---|---| |||||2020||2019| |||||s||s| |Salaries||||705,446||779,143| |Social security costs||||72,112||77,434| |Pension contributions|(Cof E)|||125,211||136.248| |||||902.769||992,825| |Staff numbers|||2020|||2019| |||Full time||Part time|Full time|Part time| |Partnership||4|||6|| |Personnel||5||I|5|| |Ireland||2||2|4|| |Hub||7|||5|| |||18||3|20|| ## |whose Employee
benefits total 828
ed assets|0,909(2019:8284.028).||| |---|---|---|---| ||Freehold|Furniture and|| ||properly|equipment|Total| |Cost or valuation|s|8|s| |At I January
2020|1.944,031|44,486|1,988,517| |Additions||3,792|3,792| |Revaluation|777,856||777.856| |At 31 December 2020|2,721,887|48,278|2,770,165| |Depreciation|||| |At I January 2020|138,106|28,377|166,483| |Charge for the year|28,781|8,001|36,782| |At 31 December 2020|166,887|36.378|203,265| |Net book value|||| |At 31 December 2020|2.555,000|11,900|2,566,900| |At 31 December 2019|1,805,925|16,109|1,822.034| ## |he year|ended 31|Decem|ber|2020 (|continued)|||| |---|---|---|---|---|---|---|---|---| |Investments||||||||| ||||||2020|||2019| |||||||Market||Market| ||||||Cost
s|value
s|Costs|value
s| |Listed on the Stock Exchange|||||882,348|1,001,673|454,160|516,928| |Cash held|as part ofthe|investment|portfolio||10,050|10,050|404,944|404,944| |Cash Held|in Charities Official Investment|||Fund|1,749|1,749||| ||||||894,147|1,013,472|859,104|921.872| |Movement|in Investments|during the|year|||||| ||||||||2020|2019| |Value at I|January||||||921,872|512,311| |Additions|of listed investments||||||473,658|325,049| |Disposals of listed investments|||||||(76,444)|(348,568)| |Movement|in cash|||||(393,145)||161,173| |Loss on investments|||||||87,531|55,741| |Disposal of Property||||||||216,166| |Value at 31 December||||||1,013472||921,872| ||Included
in th
portfolios.|e portfolio|is t|he|following
investment
which represen|ts
more than 5% ofthe total|value ofthe|value ofthe| |---|---|---|---|---|---|---|---|---| |||||||2020|2019|| |||||||Market value|Market Value|| |||||||s||s| ||Baillie Gifford|American|WI|DIS||75,848||| ||Vanguard
inv|UK LT LIS Equity|||IDX|69,277||| |11|Debtors|||||||| |||||||2020|2019|| ||||||||s|| ||Accrued Income|||||300,031|236,340|| ||Prepayments|||||30.346|143,442|| ||Other debtors|||||1.893||389| |||||||332,270|380,|171| ||Accrued income includes|||legacies ofSI91K(2019:$1 IBK).||||| |12|Current Asset -|Investment||||||| |||||||Properly held for sale||| ||Valuation|||||s||| ||At
I January|2020||||493.514||| ||Revaluation
of Investment|||Property||(8,540)||| ||At 31 December 2020|||||484,974||| ## ## |2020|2019| |---|---| |S|S| |21,691|27,533| |84,628|150,177| |106,319|177,710| ## ## ## ## ## ## ## ||The com|bined|ove|rall
liability|ofthe two c|losed Defined sch|emes decrease|d
by 896.000 in th|e year.| |---|---|---|---|---|---|---|---|---|---| |||||||||2020|2019| ||C of E pension||Liability at I January|||||1,169,000|1,246,000| ||Payment|in the year||||||(184,051)|(184,051)| ||Increase|in Liability||at Triennial|Valuation|||88,051|107,051| ||CEFPS|||||||4,000|| |||||||||1,077,000|1,169.000| |15|Restricted|funds|||||||| ||||||||Mission|Associate|| ||||||||Partner|Mission|| |||||||Karamoja|Projects|Partners|Total| |||||||S|S|S|S| ||Funds at|I January||2020||82,283|116,256|219,716|418,255| ||Income|||||2,199|136,187|260.020|398,406| ||Expenditure|||||(774)|(96,160)|(322,817)|(419,751)| ||Loss on investment|||||8,660|||8,660| ||Transfers|between||funds|||12,989|(1,299)|11,690| ||Balance|as at|31 December 2020|||92,368|169,272|155,620|417,260| ## ## |for
16|the year ended 31
Unrestricted
funds|Dec|e|mber|2020 (cont|inued)||| |---|---|---|---|---|---|---|---|---| ||||||||2020|2019| ||Funds at I January||||||1500,001|1,124,176| ||Income||||||3,197,709|3,645,094| ||Expenditure||||||(3.I75,034)|(3.395,431)| ||Asset revaluation(Property)||||||777,856|I23,543| ||Gain on investments||||||78,871|47,084| ||Revaluation
in unfunded|pension||liability|||14,924|62,586| ||C of E Pension revaluation||||||(92,051)|(107.051)| ||Transfer between
funds||||||(11,690)|| ||Funds at 31 December||||||2,290,586|1,500,001| |17|Allocation ot net assets between||funds|||||| ||||||Restricted|Unrestricted|2020|2019| ||||||||Total|Total| ||||||||5|| ||Tangible fixed assets|||||2,566,900|2,566,900|1,822,034| ||Investments||||92,368|921,104|1,013,472|921,872| ||Net current assets||||324,892|620,582|945,474|1,154,650| ||Unfunded
Pension
Provision|||||(741,000)|(741,000)|(811,300)| ||C of E Provision|||||(1,077,000)|(1,077,000)|(1,169,000)| ||Total funds at 31 December 2020||||417,260|2,290,586|2,707,846|1,918,256| |18|Other Financial Commitments|||||||| ||||||||2020|2019| |||||||||5| ||Operating
leases|||||||| ||Expires within 2-5years||||||904|904| ## ## |||||||2020|2019| |---|---|---|---|---|---|---|---| |||||||5|| |Net income before||other recognised||gains and transfers||ee,86i|400,599| |Investment
(gain)||||||(87,531)|(55,742)| |Investment
income||||||(11,754)|(I3,653)| |||||||(10,424)|331,204| |Deprea ation||||||36,782|42,972| |Decrease
in debtors||||||47,901|(69,374)| |Increase
in creditors||||||(71.391)|52,196| |Pension payment|for CofE scheme|||||(184,051)|(184,051)| |Pension payment|for unfunded||liability|||(55,376)|(63,614)| |Net cash (outflow)/||inflow from|operating||activities|(236,559)|(109,333)| ## |e year ended 31 December 20
ovement
in Cash|20 (continued)|| |---|---|---| ||2020|2019| |At 01 January|455,675|159,997| |Movement|(224, 12I5)|298,678| |At 31 0ecember|234,549|455,675| ## ## ## ## ##